Tuesday 21 May 2024

Technip Energies wins EPC contract for big Oman LNG project

MUSCAT, 27 days ago

Technip Energies, a leading engineering and technology company for the energy transition, has announced that it has secured a substantial contract from global oil major TotalEnergies and Omani group OQ for the Marsa LNG integrated complex in Sohar, Oman.
The contract, which is in the range of €500 million and €1 billion ($532 million and $1.06 billion),  covers engineering, procurement and construction (EPC) services for a natural gas liquefaction train with an LNG production capacity of 1 million tonnes per annum (Mtpa).
The plant will use electric-driven motors instead of conventional gas turbines and will be powered by renewable electricity from a planned nearby solar farm which will cover 100% of the annual power consumption of the LNG plant.
This is positioning the site as one of the lowest greenhouse gases intensity LNG plants ever built worldwide. The LNG produced will notably be used as a marine fuel to reduce the shipping industry’s carbon footprint.
The Marsa LNG project is an integrated complex developed by TotalEnergies (80%) and OQ (20%).
On the contract win, Arnaud Pieton, CEO of Technip Energies, said: "The world’s net-zero trajectory will require LNG as a critical source of energy, while addressing emissions abatement. TotalEnergies and OQ’s progressive Marsa LNG project is an example of how we can decarbonise the LNG value chain by powering its production with renewable energy and using it as a marine fuel to reduce emissions linked to maritime transportation."
"By leveraging our innovation and global leadership in LNG infrastructure design and delivery, we are proud to support TotalEnergies and the Sultanate of Oman in providing reliable, affordable and sustainable energy to the world," he added.-TradeArabia News Service


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