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Qatar Awards $2bn LNG Storage Deal to Samsung
Mar 1, 2021 12:15:pm
Summary
by: Joe Murphy
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Qatar Awards $2bn LNG Storage Deal to Samsung
Qatar Petroleum (QP) has awarded a engineering, procurement and construction (EPC) contract worth over $2bn to South Korea s Samsung C&T to expand LNG storage and offloading facilities in the Qatari city of Ras Laffan as part of the North Field East (NFE) project.
The contract was signed on March 1 by QP CEO and Qatari energy minister Saad Sherida Al-Kaabi and Samsung C&T CEO Oh Se-chul, QP said in a statement. Its scope includes three LNG tanks and options for two more; three LNG loading berths and potentially a fourth; and the associated pipes, lines and loading lines.
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TechnipFMC is pleased to announce that CTJV, a joint venture between Chiyoda Corporation and Technip Energies, has been awarded a major engineering, procurement, construction and commissioning (EPCC) contract by Qatar Petroleum for the onshore facilities of the North Field East Project (NFE).
This award will cover the delivery of four mega trains, each with a capacity of 8 million tpy of LNG, and associated utility facilities. It will include a large CO
2 Carbon Capture and Sequestration facility, leading to more than 25% reduction of greenhouse gas emissions when compared to similar LNG facilities.
The new facilities will receive approximately 6 billion ft