QatarEnergy has awarded Technip Energies an engineering, procurement, and construction (EPC) contract worth US$10 billion for constructing the onshore infrastructure of the North Field South (NFS) project in Qatar.
The award covers construction and delivery of two mega trains, each with the capacity of 8 million tonnes/year (tpy) of liquefied natural gas (LNG), along with associated infrastructure for gas treatment, natural gas liquids recovery, helium extraction, and refining in the Ras Laffan Industrial City. Technip Energies will provide its expertise in the areas of design, procurement, and construction for this project.
Upon completion, the NFS project, coupled with the North Field East (NFE) project, will increase Qatar's LNG production capacity to 125 million tonnes per year from the current capacity of 77 million tonnes per year. QatarEnergy holds a 75% stake in the NFS project and has collaborated with TotalEnergies, Shell, and ConocoPhillips for the remaining 25%.
Qatar Investment Authority (QIA) has converted a mandatory convertible bond valued at EUR2.42 billion (US$2.55 billion) into shares of RWE AG, making it the company's largest shareholder. QIA now hold...
Read moreSungrow has signed a contract with Samsung C&T's Engineering & Construction Group to supply its MV-integrated 1500V string inverter solution SG320HX to an 814 MWac PV project in Qata...
Read moreQatar Energy has announced that the construction for 800 MW Al-Kharsaah Solar PV Power Plant (KSPP) located 80 km west of Doha in Qatar has been completed.
Read moreQatarEnergy Renewable Solutions has awarded Samsung C&T the EPC contract for the development of two solar photovoltaic (PV) projects with a combined capacity of 875 MW in Qatar.
Read moreExxonMobil and QatarEnergy have signed an agreement to expand the production capacity of the North Field East project located in Ras Laffan, Qatar. ExxonMobil's participation in the North...
Read more