QatarEnergy Awards $10B EPC Contract to Technip Energies-led Joint Venture

Tuesday, May 16, 2023

QatarEnergy has awarded Technip Energies-led joint venture with Consolidated Contractors Company (CCC), a $10 billion engineering, procurement, construction, and commissioning contract for the onshore facilities of the North Field South Project (NFS).

According to QatarEnergy, the EPC contract’s value is around $10 billion, and its scope covers the construction of two mega LNG trains with a capacity of 8 MTPA each, with associated facilities for gas treatment, natural gas liquids recovery, as well as helium extraction and refining within Ras Laffan Industrial City.

It will include a large CO2 carbon capture and sequestration facility of 1.5 Mtpa, leading to 25% plus reduction of greenhouse gas emissions when compared to similar LNG facilities.

Arnaud Pieton, CEO of Technip Energies, commented: “We are extremely honored to have been awarded by QatarEnergy this mega LNG project, along with our long-standing partner CCC, a leading construction company for LNG trains. 

"This award is a testament to the trust, extent, and strength of our relationship with QatarEnergy. This new project also reflects our leadership in the LNG market as well as our proven ability to integrate technologies towards low carbon LNG, critical in solving the trilemma for affordable, available and sustainable energy.”

QatarEnergy said that NFS, together with the North Field East (NFE) project, will increase Qatar’s LNG production capacity from the current 77 MTPA to 126 MTPA. QatarEnergy holds a 75% interest in the NFS project and has already signed partnership agreements with TotalEnergies, Shell, and ConocoPhillips for the remaining 25%.

Saad Sherida Al-Kaabi, the Minister of State for Energy Affairs, the President and CEO of QatarEnergy said: “QatarEnergy is proud to announce yet another significant milestone in the world’s largest LNG project, reinforcing our commitment to meeting the global demand for Natural Gas.”

"The NFS project is a unique development that minimizes its environmental footprint by design. It includes one of the largest CO2 capture and sequestration facilities and constitutes an important step towards achieving QatarEnergy’s target of more than 11 MTPA of CO2 capture and sequestration by 2035."

In addition to the carbon capture and sequestration facilities, the environmental attributes of the NFS project also include importing a significant portion of the project’s electrical power requirements from the grid in the form of renewable solar power, which will be generated at QatarEnergy’s solar power facilities currently under construction in Ras Laffan Industrial City, QatarEnergy said.

It also includes a 'jetty boil-off gas' recovery system, which will help reduce greenhouse gas emissions. The project will also conserve five million cubic meters of water per year by recovering 75% of the plant's tertiary water. Nitrogen Oxides (NOx) emissions will also be minimized through the application of enhanced Dry Low NOx technology.

Categories: LNG Middle East Engineering Activity

Related Stories

Hanwha Ocean Marks Entry into Deepwater Drilling Market with First Drillship

Woodside Inks Long-Term LNG Supply Deal with China Resources

Valeura Wraps Up Infill Drilling Campaign in Gulf of Thailand

ADNOC Signs 15-Year LNG Supply Deal with Osaka Gas for Ruwais Project

Shell Predicts 60% Rise in LNG Demand by 2040 with Asia Leading the Way

Initial Drilling Results Raise Questions on South Korea’s Offshore Gas Viability

European LNG Imports Up with Asian Influx

EnQuest to Acquire Harbour Energy's Vietnamese Assets

Abu Dhabi's NMDC Group Gets $1.1B Subsea Gas Pipeline Job in Taiwan

US Operator Finds Oil Offshore Vietnam

Current News

Shell-Reliance-ONGC JV Complete India’s First Offshore Decom Project

The Future of Long-Idle Drillships: Cold-Stacked or Dead-Stacked?

TMC Books Compressors Orders for FPSO and LNG Vessels

MODEC, Sumitomo Partner Up for Delivery of Gato do Mato FPSO

Chuditch Gas Field Up for Summer Drilling Ops as Sunda Reshapes Ownership Structure

EnQuest Bags Two Production Sharing Contracts off Indonesia

Hanwha Drilling’s Tidal Action Drillship En Route to Petrobras’ Roncador Field

China's ENN, Zhenhua Oil Ink LNG Supply Deals with ADNOC

MODEC Wins ExxonMobil Guyana’s Hammerhead FPSO Contract

India Stretches Bids Deadline for 13 Offshore Deep-Sea Mineral Blocks

Subscribe for AOG Digital E‑News

AOG Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

https://accounts.newwavemedia.com