Qatar Petroleum awards North Field Expansion liquid products storage & loading EPC contract

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Qatar Petroleum announced the awarding of a major engineering, procurement, and construction (EPC) contract for its North Field Expansion Project to Técnicas Reunidas S.A., a Madrid based contractor that provides EPC services to the energy industry.

Técnicas Reunidas will act as the EPC contractor for the expansion of existing liquid products (condensate, propane and butane) storage and loading facilities and the expansion of import facilities for Mono-Ethylene Glycol within Ras Laffan Industrial City, as well as other ancillary facilities and pipelines serving the North Field Expansion Project.

These new facilities will be utilized to handle liquid products from the four new LNG trains comprising the North Field East (NFE) project, which is scheduled to start-up before the end of 2025. The facilities will also support two new LNG trains comprising the North Field South (NFS) project.

Commenting on this occasion, His Excellency Mr. Saad Sherida Al-Kaabi, Minister of State for Energy Affairs, The President and CEO of Qatar Petroleum said: “The award of this major EPC contract is a part of the North Field Expansion Project, which supports the further development of Qatar’s substantial natural gas resources and reinforces our position as the world’s largest LNG producer. The contract provides for the expansion of the existing infrastructure required to ensure the safe loading and on-time delivery of associated liquid products to our international customers. We look forward to working with Técnicas Reunidas to deliver this important project in a safe, timely and successful manner.”

The award of this contract is the culmination of front-end engineering and design (FEED) work that began in early 2018, and represents another important milestone to deliver on Qatar Petroleum’s commitment to significantly increase Qatar’s LNG production capacity. When completed, the NFE project will increase Qatar’s LNG production capacity from 77 million tons per annum (MTPA) to 110 MTPA, while the NFS project will further increase Qatar’s LNG production capacity from 110 MTPA to 126 MTPA.

His Excellency Minister Al-Kaabi added: “The NFE project, with a capacity of 32 MTPA, is the largest LNG project ever to be undertaken. We are grateful to the wise leadership and directives of His Highness The Amir Sheikh Tamim bin Hamad Al Thani, which place the greatest emphasis on the successful management and development of our natural resources in line with the Qatar National Vision 2030, while maintaining Qatar’s strong global leadership in the LNG industry.”

“I would like to thank Sheikh Khalid bin Khalifa Al-Thani, the CEO of Qatargas, and his team for their valuable contributions to the project, and to commend the world-class performance of Qatar Petroleum and Qatargas project teams to successfully deliver on this ambitious mission. Activities on the ground are progressing well on all fronts and according to plan, and we are on target to deliver the first LNG from the NFE project by the end of 2025,” His Excellency concluded.

As part of the contract, Técnicas Reunidas will perform the detailed engineering work in Qatar, leveraging the growing technical capabilities in the country for the development of major projects.​

Source: Qatar Petroleum

Qatar Petroleum and Korea Gas Corporation (KOGAS) signs a 20-year SPA to supply 2 Million tons of LNG Annually

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Qatar Petroleum entered into a new, 20-year Sale and Purchase Agreement (SPA) with Korea Gas Corporation (KOGAS) for the supply of 2 million tons per annum (MTPA) of LNG to the Republic of Korea.
The agreement was signed today by His Excellency Mr. Saad Sherida Al-Kaabi, the Minister of State for Energy Affairs, the President and CEO of Qatar Petroleum, and Mr. Hee-Bong Chae, the President and CEO of KOGAS, during a special ceremony held at Qatar Petroleum’s headquarters. The ceremony was attended by senior executives from KOGAS, Qatar Petroleum, and Qatargas.
Pursuant to the SPA, LNG supplies will commence in January 2025, and will be delivered to KOGAS’ LNG receiving terminals in the Republic of Korea.
In his remarks at the ceremony, His Excellency Mr. Al-Kaabi said, “We are both proud and delighted to continue to serve as a major LNG supplier to KOGAS and the Republic of Korea.  Today’s agreement is another step in the historic partnership journey between Qatar Petroleum and KOGAS, which we hope to take to new heights.”
Today’s signing comes almost 26 years following KOGAS’ signing of its first ever LNG SPA from Qatar. 
Qatar currently supplies KOGAS with more than 9 MTPA through long-term agreements, making it the largest supplier of LNG to the Republic of Korea and demonstrating its strong commitment to meeting the clean energy requirements of customers around the globe who depend on reliable LNG deliveries. 
His Excellency Minister Al-Kaabi concluded his remarks by saying, “We are grateful to KOGAS for being such a great partner and customer, and we welcome this opportunity to further cement our partnership with KOGAS and to support the Republic of Korea’s national drive toward cleaner and more sustainable energy. I would like to thank the teams from KOGAS, Qatar Petroleum, and Qatargas for their great efforts to conclude this agreement. I would also like to express my appreciation to Sheikh Khalid bin Khalifa Al Thani, the CEO of Qatargas, his leadership team, and the whole Qatargas organization for their exceptional efforts to maintain Qatar’s reputation as the most trusted and reliable LNG supplier in the world.”
Since 1999, Qatar Petroleum’s LNG ventures have delivered more than 2,500 LNG cargoes, totaling almost 185 million tons, to the Republic of Korea.​

Source: qp.com.qa

Qatar Petroleum wins two offshore exploration blocks in Suriname

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A consortium including Qatar Petroleum has been awarded two offshore blocks in Suriname, under Production Sharing Contracts as part of the recent Suriname offshore bid round.

The winning bids in the competitive round were announced by Suriname’s State Oil Company, Staatsolie. A consortium comprising of Qatar Petroleum (20%), TotalEnergies (Operator – 40%) and Staatsolie (40%) were awarded the right to explore shallow water blocks 6 and 8, which are immediately adjacent to the prolific Block 58 discoveries.

Commenting on this occasion, His Excellency Mr. Saad Sherida Al-Kaabi, the Minister of State for Energy Affairs, the President and CEO of Qatar Petroleum, said, “We are pleased to be awarded exploration rights in blocks 6 and 8, and this represents Qatar Petroleum’s first entry into Suriname. This successful result also increases our presence in the Guyana-Suriname Basin and further strengthens Qatar Petroleum’s footprint in Latin America, marking yet another successful step towards realizing our international growth ambitions.”

His Excellency Minister Al-Kaabi added, “I would like to take this opportunity to thank the Surinamese authorities for a comprehensive and efficient tender process, as well as our strategic partner, TotalEnergies, for their excellent cooperation in achieving this result.”

Located in the southern part of offshore Suriname, close to the border with Guyana, the adjacent blocks 6 and 8 lie immediately south of block 58 in shallow waters, with depths ranging between 30 and 65 meters. The two blocks cover a combined area of approximately 2,750 square kilometers.​

Source: qp.com.qa

Qatar Petroleum awards North Field Expansion project contract to Samsung C&T Corporation for LNG storage and loading facilities

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Qatar Petroleum announces the award of a major engineering, procurement, and construction (EPC) contract to Samsung C&T Corporation for the expansion of the LNG storage and loading facilities located within Ras Laffan Industrial City as part of the North Field East (NFE) Project.

The contract, valued at more than 2 billion dollars (including options), was awarded on a lump sum basis and is the second major onshore EPC contract award for the NFE project. On the 8th of February 2021, QP awarded the EPC contract for the construction of four LNG mega-trains with associated facilities to Chiyoda Technip Joint Venture.

Both contracts represent the culmination of front-end engineering and design work that began in early 2018. When completed, the NFE Project will increase the State of Qatar’s LNG production capacity from 77 million to 110 tons per annum (MTPA). The second phase of the planned LNG expansion, the North Field South (NFS) Project, will further increase Qatar’s LNG production capacity from 110 MTPA to 126 MTPA by 2027.

Commenting on this occasion, His Excellency Saad Sherida Al-Kaabi, Minister of State for Energy Affairs, The President and CEO of Qatar Petroleum, said: “The award of this contract marks another concrete step towards the further development of our natural gas resources, and enhancing our position as the world’s largest, most reliable LNG producer.”

Al-Kaabi added: “This contract provides for the expansion of existing infrastructure required to ensure the safe loading and on-time delivery of our LNG cargoes to our international customers across the globe. Its scope includes three LNG tanks and three LNG loading berths for NFE, and options for two LNG tanks and one LNG berth for NFS project, and all associated pipes, lines and loading lines.”

Source: qp.com.qa

Qatar Petroleum and its partners announce a new gas/condensate discovery in the Luiperd prospect, located in Block 11B/12B, in the Outeniqua Basin, South Africa.

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Qatar Petroleum is pleased to announce a new gas/condensate discovery in the Luiperd prospect, located in Block 11B/12B, in the Outeniqua Basin, 175 kilometers off the southern coast of South Africa.

This is the second significant discovery in Block 11B/12B, which is being explored by Qatar Petroleum and its partners, Total (operator), CNR International, and Main Street. In February 2019, an important gas condensate discovery in the Brulpadda prospect was announced, marking a major milestone for a new play in South Africa.

Commenting on this occasion, His Excellency Mr. Saad Sherida Al-Kaabi, the Minister of State for Energy Affairs, the President and CEO of Qatar Petroleum said, “We are pleased to announce this second discovery in our joint exploration project in South Africa. The initial well results are better than anticipated, and they offer a great opportunity to pursue further exploration and appraisal activities in this area, and to look into integrated commercialization of these findings in alignment with all stakeholders.” 

His Excellency Mr. Al-Kaabi added, “I would like to congratulate our partners, for their great efforts leading to this discovery in a challenging pandemic environment, safely and efficiently. I am also grateful to the hard and diligent work by Qatar Petroleum’s exploration team, whose dedicated and successful efforts are well recognized.”The Luiperd-1X well was safely drilled to a total depth of about 3,400 meters. The well encountered 73 meters of net gas/condensate-bearing reservoir in Lower Cretaceous Paddavissie reservoirs. Various development options are currently being evaluated to commercialize these findings.  

Block 11B/12B covers an area of 19,000 square kilometers, with water depths ranging from 200 to 1,800 meters. It is operated by Total with a 45% working interest, alongside Qatar Petroleum (25%), CNR International (20%) and Main Street (10%).

Source: qp.com.qa

baker-hughes

Baker Hughes Announces Major LNG Turbomachinery Order from Qatar Petroleum for the North Field East (NFE) Project

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Baker Hughes announced an order with longtime partner Qatar Petroleum to supply multiple main refrigerant compressors (MRCs) for Qatar Petroleum’s North Field East (NFE) project, executed by Qatargas. The total award is part of four LNG “mega trains,” representing 33 million tons per annum (MTPA) of additional capacity, which will increase Qatar’s total liquefied natural gas (LNG) production capacity from 77 MTPA to 110 MTPA and help to propel the Gulf nation to global LNG production leadership by 2025. This order is among the largest LNG deals secured by Baker Hughes in the past five years, for both MTPA and equipment awarded.

The order reinforces more than two decades of trust and successful turbomachinery collaboration between Baker Hughes, Qatar Petroleum and Qatargas. With Qatargas already operating six existing LNG “mega trains” driven by Frame 9E gas turbine refrigerant compressors provided by Baker Hughes, the NFE project underscores the leadership of Baker Hughes LNG technology in the Gulf region and for the world’s most complex LNG projects.

Source: Baker Hughes

Qatae news- Petropipe

Qatar Signs $20B Vessel Contract to Cement LNG Leadership Role

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Qatar has signed a deal worth around $20 billion with South Korean shipbuilders to help cement its position as the world’s largest producer of liquefied natural gas.

The Gulf emirate entered into agreements with Daewoo Shipbuilding & Marine Engineering Co., Hyundai Heavy Industries Co. and Samsung Heavy Industries Co., according to a statement from state producer Qatar Petroleum. The three Korea-based firms will reserve a “major portion” of their LNG ship-construction capacity for QP through 2027.

The deal, valued at around 70 billion Qatari rials ($19.1 billion), could see them build more than 100 LNG vessels for Qatar, QP said.

“We have everything in place to commence the largest LNG-shipbuilding program in history,” said Saad Al-Kaabi, QP’s chief executive officer and Qatar’s energy minister. “We have secured approximately 60% of the global LNG shipbuilding capacity through 2027.”

QP signed a separate agreement to secure shipbuilding capacity with Hudong-Zhonghua Shipbuilding Group Co., a wholly owned subsidiary of China State Shipbuilding Corp., in April.

It needs a bigger fleet of LNG carriers because of new projects in Qatar and the U.S.

Qatar is “moving full steam ahead” with the expansion of the North Field, its share of the world’s biggest gas deposit, al-Kaabi said. That will raise the country’s annual output from 77 million tons to 126 million tons by 2027, he said.

QP will expand its output despite plans to cut spending by about 30%, Kaabi said last month.

Source: energypeople.com

Qatar gas-petropipe

Qatargas Signs Long Term SPA to Supply LNG to Kuwait

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Qatargas announced the signing of a new, long term Liquefied Natural Gas (LNG) Sale and Purchase Agreement (SPA) with Shell to deliver 1 million tons per annum of LNG to the State of Kuwait, commencing this year.

Commenting on the signing of the SPA, His Excellency Mr. Saad Sherida Al-Kaabi, the Minister of State for Energy Affairs said, “We are pleased to announce this new long term agreement between Qatargas and Shell for the supply of LNG to the State of Kuwait, following the recent agreement signed between Qatar Petroleum and Kuwait Petroleum Corporation. These agreements demonstrate our commitment to the State of Kuwait, which is a very important LNG market and is part of our strive to be the LNG supplier of choice for our customers. I would like to take this opportunity to thank our valued partner, Shell, with whom we share a long history of fruitful collaboration and we look forward to continuing to work together to put LNG at the forefront of the world’s drive towards cleaner and more sustainable energy sources.”

His Excellency Minister Al-Kaabi added, “This new SPA also further underlines Qatargas’ position as the market leader in LNG and demonstrates the Company’s distinguished track-record of providing reliable LNG to the global market place and its continued ability to capture opportunities in a highly competitive environment.”

Commenting on the new SPA, Khalid bin Khalifa Al Thani, Chief Executive Officer, Qatargas, said, “Qatargas is delighted to conclude this new SPA with Shell. We believe this agreement provides a win-win solution for both companies and deepens the relationship with a valued partner and shareholder. Qatargas is committed to meeting the clean energy needs of customers who depend upon reliable, flexible LNG deliveries.”

The SPA provides for the supply of LNG from Qatar Liquefied Gas Company Limited (4) (“Qatargas 4″), a joint venture between Qatar Petroleum (70%) and Shell (30%).

Source:http://bit.ly/2vtUMWK

Qatar Petroleum issues EPC tender for liquid products storage and loading facilities of the North Field Expansion Project

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Qatar Petroleum issued “Invitation to Tender” packages for the Engineering, Procurement and Construction (EPC) of additional liquid products storage and loading facilities and Mono-Ethylene Glycol (MEG) storage and distribution facilities, which will be located in Ras Laffan Industrial City and will be part of the North Field Expansion (NFE) Project..

Commenting on the announcement, His Excellency Mr. Saad Sherida Al-Kaabi, the Minister of State for Energy Affairs, the President & CEO of Qatar Petroleum said, “The release of this tender package reflects the continuing progress Qatar Petroleum is making on the expansion of our LNG production capacity. With the volume of associated liquid products the NFE project will generate from offshore production and onshore gas processing, it was necessary to expand our existing storage and loading facilities. The unique approach in our contracting strategy for the multiple EPC packages allows us to match the execution expertise in the EPC contracting community to this specific scope of work.”

The NFE Project involves the addition of four mega LNG trains as part of Qatar Petroleum’s plans to expand the State of Qatar’s LNG production from 77 million to 110 million tons per annum by 2024.
Source: http://bit.ly/md0W93