Gulf Construction Online - Technip Energies JV inks $1bn QP contract

Contractors

Officials of Technip and Chiyoda Corporation at the signing ceremony.

Technip Energies JV inks $1bn QP contract

01 March 2021

Technip Energies, a major unit of subsea, onshore/offshore projects pioneer TechnipFMC, has announced that its joint venture with leading Japanese contractor Chiyoda Corporation, has secured a major contract from Qatar Petroleum for the onshore facilities of the North Field East Project.

The engineering, procurement, construction and commissioning (EPCC) contract awarded to the CTJV joint venture is in the range of over $1 billion and will cover the delivery of four mega trains, each with a capacity of 8 million tonnes per annum (Mtpa) of liquefied natural gas (LNG), and associated utility facilities. It also includes a large carbon dioxide (CO2) carbon capture and sequestration facility, leading to more than 25 per cent reduction of greenhouse gas emissions when compared to similar LNG facilities, says TechnipFMC.

The new facilities will receive 6 billion standard cu ft per day of feed gas from the Eastern sector of Qatar’s North Field, which is the largest non-associated gas field in the world. The expansion project will produce 33 Mtpa of additional LNG, increasing Qatar’s total production from 77 to 110 Mtpa, it adds.

On the contract win, Technip Energies President Arnaud Pieton says: “We are extremely honoured to have been awarded by Qatar Petroleum this prestigious mega LNG project along with our long-time partner, Chiyoda. It demonstrates the continuity and the strength of our joint venture after the successful delivery of the six existing mega LNG trains. This award reflects Technip Energies’ ability to integrate technologies towards low carbon LNG and supports our vision to accelerate the energy transition journey.”

Technip Energies is a strong player in Qatar with a local presence since 1986.