Page 15 - MEOG Week 10 2021
P. 15
MEOG TENDERS MEOG
QP continues series of LNG-
related contract awards
QATAR STATE-OWNED Qatar Petroleum (QP) has project, and all associated pipes, lines and load-
continued handing out contracts related to ing lines,” he said.
its North Field East (NFE) expansion project, This is the second major onshore EPC con-
which will underpin the country’s push to grow tract award for the NFE project after QP awarded
its LNG capacity. the first, covering the construction of four LNG
On March 1, the company announced that mega-trains and associated facilities, to a joint
it had awarded a “major” engineering, pro- venture between Chiyoda and Technip Energies
curement, and construction (EPC) contract to in February.
Samsung C&T for the expansion of LNG storage Both of these contracts represent the cul-
and loading facilities located within Ras Laffan mination of front-end engineering and design
Industrial City. (FEED) work that began in early 2018, QP stated.
The contract is worth more than $2bn and The company’s Qatargas subsidiary also awarded
was awarded on a lump sum basis. a contract worth around $1.7bn to Italy’s Saipem
“This contract provides for the expansion of on February 22, covering the engineering, pro-
existing infrastructure required to ensure the curement, construction and installation (EPCI)
safe loading and on-time delivery of our LNG of various offshore facilities at the North Field.
cargoes to our international customers across Qatar is in the process of increasing its LNG
the globe,” stated Qatar’s Minister of State for production capacity from 77mn tonnes per
Energy Affairs, Saad Sherida Al-Kaabi, who is year to 110mn tpy by the end of 2025. The sec-
also the president and CEO of QP. ond phase of the planned expansion, the North
“Its scope includes three LNG tanks and Field South (NFS) project, is anticipated to raise
three LNG loading berths for NFE, and options Qatar’s LNG production capacity further, from
for two LNG tanks and one LNG berth for NFS 110mn tpy to 126mn tpy by 2027.
Week 10 10•March•2021 www. NEWSBASE .com P15