Chiyoda and Joint Venture Partner Technip Energies Awarded a major LNG contract for the North Field East Project

Chiyoda Corporation (“Chiyoda”, TSE:6366 ISIN: JP3528600004) is pleased to announce that CTJV, a joint venture between Chiyoda Corporation and Technip Energies(“Technip Energies”) has been awarded a major Engineering, Procurement, Construction and Commissioning (“EPC”) contract by Qatar Petroleum for the onshore facilities of the North Field East Project (“NFE”).

This award will cover the delivery of 4 mega trains, each with a capacity of 8 million tons per annum (“mtpa”) of Liquefied Natural Gas (“LNG”), and associated utility facilities. It will include a large CO2 Carbon Capture and Sequestration facility, leading to more than 25% reduction of Green House Gas emissions when compared to similar LNG facilities.

The new facilities will receive approximately 6 billion standard cubic feet per day of feed gas from the Eastern sector of Qatar’s North Field, which is the largest non-associated gas field in the world. The expansion project will produce approximately 33 mtpa of LNG, increasing Qatar’s production from 77 to 110 mtpa.

Chiyoda has been actively engaging in various hydrocarbon and other industrial plant projects in Qatar since the 1970s. Chiyoda has been involving in all LNG trains including NFE trains as FEED contractor and built 12 out of 14 trains of existing LNG plants in Qatar. Chiyoda has provided and completed more than 100 projects for various clients in Qatar, with Chiyoda’s local group company, Chiyoda Almana Engineering LLC. Chiyoda’s relentless contributions for sustainable development of Qatar and its proven track record in Qatar have been evaluated by Qatar Petroleum for this award.

Source: www.chiyodacorp.com

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