Drydocks World Wins $5B EPC Contract for World’s Largest FLNG Facility off Mexico

Drydocks World will build the world’s largest floating LNG facility off Mexico, converting LNG carriers and adding barges to deliver 4.2 MTPA by 2028.

Photo courtesy of Drydocks World

On August 26, 2025, Drydocks World, a subsidiary of DP World, secured a landmark Engineering, Procurement, and Construction (EPC) contract from AMIGO LNG to deliver the world’s largest floating liquefied natural gas (FLNG) facility.

The project, to be carried out at Drydocks World’s Dubai yard, involves the conversion of two existing LNG carriers into Floating Storage Units (FSUs) and the construction of two purpose-built FLNG barges. Once operational in the second half of 2028, the complex will provide more than 4.2 million tonnes per annum (MTPA) of liquefaction capacity, setting a new benchmark for offshore LNG production.

The facility will be located off the west coast of Mexico near Guaymas, Sonora, with feed gas sourced from the U.S. Permian Basin. Its geographic position will enable shorter shipping routes to Asia and Latin America compared to U.S. Gulf Coast terminals, reducing transport costs and emissions while strengthening regional energy security.

According to Capt. Rado Antolovic, PhD, CEO of Drydocks World, the contract represents both a milestone for the company and a showcase of Dubai’s advanced offshore engineering capabilities. The project will follow a modular construction approach, allowing for controlled fabrication, rigorous testing, and faster deployment while minimizing environmental impact.

Dr. Muthu Chezhian, CEO of LNG Alliance, highlighted that FLNG solutions offer significant advantages, including accelerated schedules, enhanced safety through pre-deployment testing, and improved long-term operational reliability. Drydocks World brings extensive experience to the effort, having completed more than 10 major LNG and FSRU conversions in recent years.

This project not only reinforces Drydocks World’s role as a global leader in offshore energy infrastructure but also marks a turning point in the evolution of floating LNG technology.


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