Drydocks World, a DP World company, was awarded a major Engineering, Procurement, and Construction (EPC) contract by Mexican joint venture (JV) AMIGO LNG. The project involves creating the world’s largest Floating Liquefied Natural Gas (FLNG) liquefaction facility.
To be carried out at Drydocks World’s yard in Dubai, the project involves converting two LNG carriers into Floating Storage Units (FSUs) and constructing two new FLNG barges. Once operational in the second half of 2028, the four-vessel facility will provide more than 4.2 million tons per year of liquefaction capacity, surpassing any existing floating LNG development worldwide.
The EPC project will use a modular build strategy. This method allows for precise fabrication, seamless system integration, and pre-commissioning to be done in a controlled environment. By adopting this approach, the project can ensure rigorous quality control, shorter delivery times, a reduced environmental footprint, and reliable long-term performance.
“This contract represents a major milestone for Drydocks World and Dubai. With our expertise in complex offshore conversions and large-scale new builds, we are setting new global benchmarks for floating LNG solutions. At the same time, this project reinforces Dubai’s position as a hub for advanced maritime engineering that powers global trade and the energy transition,” Rado Antolovic, CEO of Drydocks World, commented.
“By partnering with Drydocks World on the world’s largest FLNG facility, we are securing best-in-class quality, exceptional production capacity, and reliable long-term performance of this critical asset. We are also harnessing the key advantages of FLNG solutions — from faster project schedules to rigorous testing and seamless pre-commissioning in a controlled fabrication yard environment, as well as the substantial environmental benefits this approach delivers,” Muthu Chezhian, CEO of LNG Alliance noted.
The new facility will be located off the coast of Guaymas, Sonora, on Mexico’s west coast. It will be supplied with natural gas from the U.S. Permian Basin, allowing Mexico to expand its role in the global energy market by exporting LNG directly to meet the rising demand in Asia and Latin America. Its strategic location offers shorter shipping routes to Asia compared to U.S. Gulf terminals, which helps reduce costs and emissions. This also creates a new LNG corridor at a crucial time for global energy security.
AMIGO LNG is a joint venture between Epcilon LNG LLC, based in Texas, and LNG Alliance Pte Ltd, based in Singapore.
With over 40 years of experience, Drydocks World has become a leading service provider for the maritime, offshore oil and gas, and renewable energy sectors. The shipyard, located next to Dubai’s Port Rashid, is one of the largest and most advanced facilities in the Middle East. The company has successfully completed more than 10 major LNG and FSRU conversion projects.
