LNG and energy engineer Technip wins contract for one of world’s largest oil and gas fields in Kazakhstan
Technip Energies, the LNG and energy engineers, has signed a long-term joint venture services agreement for one of the world’s largest oil and gas fields in the Central Asian republic of Kazakhstan.
US energy engineers McDermott say subsidiary prepares for Marsa LNG project work in Sultanate of Oman
A wholly owned subsidiary of US energy engineers McDermott has been awarded a significant contract by the Marsa liquefied natural gas project in the Sultanate of Oman on the Arabian Peninsula for storage and associated piping.
McDermott, based in Houston, Texas, has confirmed that its subsidiary CB&I will build a full containment concrete LNG storage tank at the Marsa project site at Oman's Port of Sohar.
French major TotalEnergies is going ahead with a large investment in the Marsa LNG project to serve as the first LNG bunkering hub in the Middle East.
The joint venture between TotalEnergies and Oman National Oil Company will build a liquefaction plant with 1 million tonnes per annum of output.
Feed-gas will come from Oman’s Mabrouk North-East field in the onshore Block 10 area.
Contractors
The main engineering, procurement and construction contracts have been awarded to France’s Technip Energies for the LNG plant and to CB&I for the 165,000 cubic metres capacity LNG storage tank.
The LNG is primarily intended to serve the marine fuel market in the Arabian Gulf region while LNG quantities not sold as bunker fuel will be off-taken by TotalEnergies and the Omani partner.
In addition to the storage tanks contract, CB&I will provide turnkey EPC services for the tank and associated piping.
Project delivery will be executed in Oman, where CB&I has been continually present since 1968, with support from CB&I's Dubai office.
“Through this project, CB&I will contribute to the construction of one of the lowest GHG emissions intensity LNG plants ever built,” said Cesar Canals, President and Chief Executive of CB&I.
“It supports our ambition to build storage for projects that will help provide reliable energy to markets,” Canals explained.
“It will also pave the way for similar storage opportunities in the future and continues our long history of execution excellence in the Middle East, specifically Oman,” he added.
Work is expected to commence with construction activities in the fourth quarter of 2024.
The overall Marsa bunkering fuel projects is targeted for completion in 2028.
Air Products says FLNG plant off Mozambique successfully passes processing capacity and other key tests
Air Products, the leader in supplying US liquefied natural gas technology and equipment to the world, has successfully passed the processing capacity test for the floating LNG plant offshore Mozambique that turned the southeast African nation into an energy exporter.
LNG project engineer Technip boosts profits and backlog hits $16Bln with multiple Middle East LNG contracts
Technip Energies, the leading European energy and liquefied natural gas project engineers, reported increased net profits and revenues as the backlog was also boosted by Middle East LNG contract awards in the United Arab Emirates and in Oman.
Oman LNG bunker plant
April 22 (LNGJ) - French major TotalEnergies is going ahead with a large investment in the Marsa liquefied natural gas project in the Sultanate of Oman to serve as the first LNG bunkering hub in the Middle East located at the port of Sohar. The joint venture between TotalEnergies and Oman National Oil Company will build a liquefaction plant with 1 million tonnes per annum of output and with first production scheduled for the first quarter of 2028.
Feed-gas will come from Oman’s Mabrouk North-East field in the onshore Block 10 area. The main engineering, procurement and construction contracts have been awarded to France’s Technip Energies for the LNG plant and to CB&I for the 165,000 cubic metres capacity LNG storage tank. The LNG is primarily intended to serve the marine fuel market in the Arabian Gulf region while LNG quantities not sold as bunker fuel will be off-taken by TotalEnergies and the Omani partner.
Al-Ruwais LNG contract
March 13 (LNGJ) - Abu Dhabi National Oil Company of the United Arab Emirates has issued a limited notice to proceed for early engineering, procurement and construction activities to a joint venture comprising Technip Energies, Japan’s JGC Corp. and UAE-based National Petroleum Construction Co. for the Al-Ruwais LNG export project. The final investment decision for the liquefaction plant is expected later in 2024.
“The project is set to significantly contribute to the Al Dhafra region’s economy by attracting further investments and creating a vital energy trade gateway in Al-Ruwais Industrial City,” said ADNOC. The liquefaction and export plant will have two liquefaction Trains each with 4.8 million tonnes per annum of output for a total of 9.6 MTPA. Abu Dhabi already operates the Das Island plant with around 6 MTPA of output.
Project engineer Technip Energies pledges to strengthen LNG leadership as contracts surge amid solid earnings
Technip Energies, the leading European energy and liquefied natural gas project engineers, reported solid profits and its backlog surged as it pledged to strengthen its leadership in 2024 in the low-carbon LNG sector.
Technip earnings
Nov 2 (LNGJ) - LNG and energy engineering company Technip Energies reported nine-month net income of €207.3 million ($219M), down from €223M in the same three quarters of last year. Nine-month revenues declined slightly to €4.40 billion from €4.86Bln in the same period of 2022. The company pointed to an increased LNG and low-carbon front-end engagement and commercial pipeline.
“In Technology, Products & Services (TPS), top line growth is robust with the segment consistently contributing more than 30 percent of group revenues year-to-date,” said Arnaud Pieton, Chief Executive of Technip. “Turning to market outlook, in LNG, we are engaged on a significant number of prospects across North America, Africa and the Middle East and see good potential to selectively secure additional orders, including low-carbon LNG, over the next 12-24 months,” the CEO stated. “Beyond LNG, energy and other industries are demonstrating real appetite and commitment to decarbonize and adopt cleaner solutions,” added Pieton.
LNG engineer Technip completes Russian LNG withdrawal while Qatar contract takes backlog to record levels
Technip Energies, the leading liquefied natural gas engineering company, reported reduced first-half profits and revenues as the full withdrawal from the Arctic LNG II project in the Gydan Peninsula of Russia was completed amid the gain of a lucrative contract for the LNG expansion in Qatar and with a new record backlog of contracts.
Technip acquisition
July 3 (LNGJ) - Technip Energies, the LNG and energy projects engineering company, has purchased a French firm Processium for an undisclosed sum. The Lyon-based firm is in the process development sector and owns laboratory and piloting facilities.
“Processium is an industrial development partner designing and developing next-generation processes to support the energy transition and to enhance manufacturing competitiveness in the field of sustainable chemicals,” explained TechnipEnergies. “With this acquisition, Technip Energies will pursue its strategic objective of accelerating the development of new processes and technologies to meet the pressing needs of a fast-growing market,” it added.
