Drydocks World, a subsidiary of DP World, has secured a landmark engineering, procurement, and construction contract from AMIGO LNG to build what will become the world’s largest floating liquefied natural gas (FLNG) facility.

The project, located off Guaymas, Sonora on Mexico’s west coast, includes the conversion of two LNG carriers into Floating Storage Units (FSUs) and the construction of two newbuild FLNG barges at Drydocks World’s yard in Dubai.

Once operational in the second half of 2028, the four-vessel facility will provide more than 4.2 million tonnes per annum (MTPA) of liquefaction capacity, surpassing any existing floating LNG development worldwide.

AMIGO LNG is a joint venture between Texas-based Epcilon LNG LLC and Singapore-based LNG Alliance Pte Ltd.

The facility will be supplied with natural gas from the US Permian Basin and will expand Mexico's role in global energy supply by enabling direct LNG exports to meet growing demand in Asia and Latin America.

DP World said in a statement that its strategic location shortens shipping distances to Asia compared with US Gulf terminals, cutting costs and emissions while opening a new LNG corridor at a critical time for global energy security.

"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," said Capt. Rado Antolovic, PhD, CEO, Drydocks World. "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."

The EPC project will be executed using a modular build strategy, enabling precision fabrication, seamless system integration and pre-commissioning in a controlled environment. This approach ensures rigorous quality assurance, shorter delivery schedules, reduced environmental impact, and reliable long-term performance.

Dr. Muthu Chezhian, CEO of LNG Alliance Pte Ltd., said the company's partnership with Drydocks World on the world’s largest floating liquefied natural gas facility ensures “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," he added.

Drydocks World has completed more than 10 major LNG and FSRU conversion projects.