Page 10 - MEOG Week 23 2022
P. 10

MEOG                                   PROJECTS & COMPANIES                                            MEOG


       Super-majors reportedly chosen




       for Qatar’s North Field expansion




        QATAR            STATE-OWNED QatarEnergy is reported to   In late April, the Qatari firm awarded the
                         have selected ConocoPhillips, ExxonMobil,  third and final engineering, procurement and
                         Shell and TotalEnergies as its IOC partners in  construction (EPC) contract relating to NFE,
                         the expansion of its giant North Field expansion  hiring a consortium of Spain’s Tecnicas Reunidas
                         project.                             (TR) and China’s Wison Engineering to work on
                           While nothing has yet been announced pub-  the expansion of sulphur-handling, storage and
                         licly, sources close to proceedings were quoted by  loading facilities at Ras Laffan Industrial City.
                         Reuters saying that the four companies as well as   This followed the January award of a $3-4bn
                         US-based Chevron and Italian firm Eni submit-  engineering, procurement, construction and
                         ted bid in May 2021 to take part in the $28.75bn  installation (EPCI) deal to US-based contractor
                         North Field East (NFE) expansion.    McDermott International for the offshore scope
                           The project will see the country’s liquefaction  of NFE, covering 13 wellhead platform topsides
                         capacity expand from 79mn tonnes per year  for NFE and five for NFS as well as associated
                         currently to 110mn tpy by 2025 or 2026. Mean-  infrastructure.
                         while, QatarEnergy is seen taking a final invest-  Last year’s NFE awards included a $1.7bn
                         ment decision (FID) soon on the North Field  EPCI contract with Italy’s Saipem covering var-
                         South (NFS) project which would raise capacity  ious offshore facilities, a $2bn lump-sum EPC
                         to 126mn tpy by 2027. One of the sources told  contract with Samsung C&T for the expansion
                         Reuters that the companies are seen receiving  of LNG storage and loading facilities at Ras Laf-
                         20-25% of the offtake from NFE.      fan and a $13bn EPC deal with a JV between
                           QatarEnergy announced it would hold a  Chiyoda and Technip Energies covering the
                         press conference and signing ceremony on June  construction of four LNG mega-trains and asso-
                         12, but did not indicate what this would relate to.  ciated facilities.™




























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                M Month h  C Customer r  D Destination n  D Duration (yrs) )  S Start Date e  A Annual Volume (mmtpa) )  T Total Volume (mmt) t )
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                Feb-21  Vitol         Bangladesh  Not disclosed  Late-21            1.25            N/A
                Feb-21  PSO           Pakistan      10         Jan-22                 3              30
                Mar-21  Sinopec       China         10         Jan-22                 2              20
                Jun-21  Shell         China         10         Jan-22                 1              10
                Jul-21  CPC           Taiwan        15         Jan-22               1.25           18.75
                Jul-21  KOGAS         South Korea   20         Jan-22                 2              40
                Sep-21  CNOOC         China         15         Jan-22                3.5            52.5
                Dec-21  Guangdong Energy  China     10          2024                  1              10
                Dec-21  S&T International  China    15        Late-22                 1              15
                                                                                                   9
                                                                                                     2
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                                                                                                    6
                                                                                                      5
                                                           T Total l                 1 16 6        1 196.25
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       LNG supply deals
       signed by QatarEnergy
       in 2021.
       P10                                      www. NEWSBASE .com                           Week 23   08•June•2022
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