Chiyoda bags Qatar deal

Qatar Petroleum (QP) has awarded Japan’s Chiyoda Corporation a FEED contract for three large LNG trains to service the North Field offshore development, the Qatari NOC announced on Monday.

Each train will have a capacity of 7.8 million tpy, raising Qatar’s total LNG output from 77 million tpy to 100 million tpy, in line with targets announced earlier, the press release added. The value of the deal was not disclosed.

“The award of the front-end engineering and design contract to Chiyoda Corporation is a significant milestone in our journey to deliver the first LNG from this new project by the end of 2023,” said Saad Sherida Al Kaabi, QP’s CEO and president. “We are continuing discussions with potential international joint venture partners for this strategic project to determine an optimised arrangement with the objective of delivering maximum value to the state of Qatar and contribute to the optimal utilisation of Qatar’s natural resources.”

Recent Posts

Chariot starts gas drilling campaign in Morocco

Africa-focused energy group Chariot has spudded the RZK-1 exploration well on the Gaufrette prospect at the Loukos Onshore licence in… Read More

3 hours ago

Touchstone acquires Trinidad E&P player Trinity

Touchstone Exploration has acquired Trinidad-focused Trinity Exploration & Production in an all-shares deal, the Canadian upstream player said on Wednesday Read More

13 hours ago

ExxonMobil “optimistic and pushing forward” with Mozambique’s Rovuma LNG

ExxonMobil is "optimistic and pushing forward" with the Rovuma LNG project in Mozambique and eyes an FID by the year's… Read More

19 hours ago

SLB OneSubsea, Subsea7 sign long-term deal with Equinor

SLB OneSubsea and Subsea7 have signed a long-term strategic collaboration agreement with Equinor and begun work on two of its… Read More

20 hours ago

Presight AI takes 49% stake in ADNOC energy AI player

Presight has acquired a 51% shareholding in AIQ, an energy-focused AI player founded by ADNOC and G42, the companies announced… Read More

20 hours ago

Wood wins TotalEnergies North Sea flare recovery work

UK engineering contractor Wood has been awarded a decarbonisation project by TotalEnergies to support flare gas recovery in the North… Read More

1 day ago

This website uses cookies.