Chiyoda and Joint Venture Partner Technip Energies wins $13bn bid for LNG plants in Qatar

Oil / Petrochemical / Metal

Chiyoda Corporation Japan announced that CTJV, a joint venture between Chiyoda Corporation and 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.

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.

Qatar aims to boost national LNG production capacity to 126 million tons by 2027. The country plans to build two more LNG trains.

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.

Arnaud Pieton, President Technip Energies, commented: “We are extremely honored to have been awarded by Qatar Petroleum this prestigious mega LNG project along with our long-time partner, Chiyoda. It demonstrates the continuity and the strength of our joint venture after the successful delivery of the 6 existing mega LNG trains. This award reflects Technip Energies’ ability to integrate technologies towards low carbon LNG and supports our vision to accelerate the energy transition journey.”

Technip Energies is a strong player in Qatar, a strategic country for the Company, with a local presence since 1986.

About Chiyoda:

Chiyoda Corporation is a world-leading, fully integrated international engineering company, and EPC contractor. Since its founding in 1948, Chiyoda has provided engineering, procurement, construction, operation and maintenance services in a wide range of business fields including oil & gas, chemicals and petrochemicals in over 60 countries around the world.

About Technip Energies

With approximately 15,000 employees, Technip Energies is one of the largest engineering and technology companies globally, with leadership positions in LNG, hydrogen and ethylene as well as growing market positions in sustainable chemistry and CO2 management. In addition, the new company will benefit from its robust project delivery model and extensive technology, products and services offering.