Technip Energies has been awarded a substantial contract by TotalEnergies and OQ for the Marsa LNG bunkering project in Oman.
The contract is valued between $532 million and $1.1 billion, Technip Energies said on April 22.
The contract covers the engineering, procurement and construction of a natural gas liquefaction train with an LNG production capacity of 1 million tonnes per annum. The plant will use electric-driven motors instead of conventional gas turbines and will be powered by renewable electricity from a nearby solar farm. The energy from the solar farm will cover 100% of the annual power consumption of the LNG plant. The LNG produced will notably be used as a marine fuel to reduce the sipping industry’s carbon footprint.
TotalEnergies holds an 80% stake in the Marsa LNG project, while OQ holds the remaining 20%.
Recommended Reading
E&P Highlights: June 17, 2024
2024-06-17 - Here’s a roundup of the latest E&P headlines, including Woodside’s Sangomar project reaching first oil and TotalEnergies divesting from Brunei.
E&P Highlights: May 20, 2024
2024-05-20 - Here’s a roundup of the latest E&P headlines, including development of the Belinda Field in the North Sea to new contract awards and service company acquisitions.
Vista to Import New Fracking Set to Boost Production at Argentina's Vaca Muerta
2024-06-11 - Vista Energy will import a new fracking set in the Vaca Muerta and sealed an agreement with SLB for the new equipment.
E&P Highlights: May 6, 2024
2024-05-06 - Here’s a roundup of the latest E&P headlines, including technology milestones and new contract awards.
Oceaneering Awarded Multiple GoM Vessel Services Contracts
2024-07-02 - Oceaneering also secured two separate pricing agreements that include the use of new technologies from its integrated, customizable IMR service.