Technip Energies, the European LNG and energy project engineers, said their joint venture has been awarded an engineering, procurement, construction and commissioning (EPCC) contract by QatarEnergy for the onshore facilities of the North Field South Project (NFS) in the Arabian Gulf.
Technip said its partner for the award is the Middle East-based company Consolidated Contractors Company.
“This award will cover the delivery of two mega-Trains, each with a capacity of 8 million tonnes per annum,” said Technip.
The company added that the work would include a large carbon-capture and sequestration CCS) facility of 1.5 MTPA, leading to 25 percent-plus reduction of greenhouse gas emissions when compared with similar LNG facilities.
The NFS expansion project will produce about 16 MTPA of additional LNG, increasing Qatar’s total production from 110 to 126 MTPA after the North Field East (NFE) project is completed as well.
Mega-Trains
“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,” explained Arnaud Pieton, Chief Executive of Technip.
“This award is a testament to the trust, extent, and strength of our relationship with QatarEnergy,” added Pieton.
“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,” declared the CEO.
Technip has been active with a local presence since 1986 in Qatar, which it described as “a strategic country” for the company.
Global LNG engineering firms like Technip are benefiting from the future forecasts of high demand for LNG cargoes. The company posted net profits of €320.2 million ($340.6M) for 2022 compared with €252.4M in 2021.
The company also had a contract backlog of €12.75Bln at the end of December 2022.
The company’s most recent plant to come on stream was the Coral South floating LNG hull that started up in November 2022 offshore Mozambique.
