QatarEnergy inks EPC contract for its North field

Técnicas Reunidas has signed a USD 560-million EPC contract with NOC QatarEnergy for continued works on Qatar’s North Field South project, the Spanish engineering and construction company announced on Wednesday.

The works include engineering, purchasing, construction and start-up of pipelines, interconnections, auxiliary systems and other support components for off-plot LNG facilities.

These include boil-off gas and public services pipes connecting the southern area of ​​the Industrial City of Ras Laffan with new storage tanks and export facilities in the northern area of the project.

The contract also includes commissioning new LNG tanks, LNG loading docks and boil-off-gas compressors and associated equipment.

The award is Técnicas Reunidas’ fourth contract with QatarEnergy in the last 24 months.

Qatar’s North Field is located in in the northeast of the country’s peninsula. It is the world’s largest gasfield and contains around 10% of the globe’s known gas reserves.

QatarEnergy is currently developing two expansion phases at the field with investments of more than USD 50 billion with hopes to boost the country’s LNG capacity from 77 million tonnes per year to 100 million tonnes per year by around 2026 or 2027.

Recent Posts

Iberdrola to triple offshore wind assets to $18 billion

Spain's Iberdrola plans to triple its offshore wind assets in the coming years, bringing their value to USD 18 billion,… Read More

11 hours ago

Angola’s Azule Energy awards Saipem $850-million contract

Saipem has been awarded a USD 850-million contract for subsea works in Angola by local BP-Eni joint venture Azule Energy,… Read More

15 hours ago

Arrow Exploration spuds new well in Colombia

Arrow Exploration has spud a new production well on the Tapir block in Colombia’s Llanos Basin, the company announced on… Read More

22 hours ago

Petronas makes discovery off Suriname

Petronas has made a third oil and gas discovery in Suriname's offshore Block 52, the Malaysian company announced on Wednesday Read More

2 days ago

Japan’s JERA slates $32 billion for LNG, renewables, new fuels

Japanese power generation player JERA on Thursday announced plans to invest USD 32 billion in LNG, renewables and new fuels… Read More

2 days ago

Chevron planning UK North Sea exit

Chevron is planning to exit its North Sea operations after 55 years of activity in the oil hotspot, Reuters reported… Read More

2 days ago

This website uses cookies.