Fluor Awarded $7.5 Billion Contract for LNG Canada Phase 2 Expansion

Key Facts

1Fluor has been awarded a $7.5 billion contract for the Phase 2 expansion of the LNG Canada project.

Fluor has been awarded a $7.5 billion contract for the Phase 2 expansion of the LNG Canada project. Investing.com reported that the contract aims to increase the export capacity of the Shell-led facility, marking a significant milestone for energy infrastructure.

The approval of the Phase 2 expansion follows efforts to strengthen the project's position as a primary natural gas export hub. Within the broader energy sector, previous data showed US API crude oil stocks rose by 1.786 million barrels on September 22, 2026, while ongoing LNG infrastructure investments continue to support the outlook for engineering firms.