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CAPITAL PROJECTS & CONTRACTSNEWS ROUND-UP more news at www.heavyliftpfi.com


Qatar Petroleum sets high growth target Q


atar Petroleumhas said that it will raise Qatar’s LNG production capacity to 126million tons per annum (mtpa) by 2027. The company also announced that the


confirmed gas reserves of the North Field exceed 1,760 trillion cu ft, in addition to more than 70 billion barrels of condensates and huge quantities of LPG, ethane, and helium. Saad Sherida Al-Kaabi, the minister of state for


energy affairs and the president and ceo of Qatar Petroleum, said: “These are very important findings which will have a great positive impact on Qatar’s


gas industry, and which will move it forward into bigger and wider horizons. “These results will also enable us to


immediately commence the necessary engineering work for two additional LNG mega trains with a combined annual capacity of 16million tons per annum. This will raise Qatar’s LNG production from the current 77 million tons to 126 million tons per annum by 2027, representing an increase of about 64 percent. It will also raise Qatar’s overall hydrocarbon production to about 6.7 million barrels oil equivalent per day.”


OIL & GAS


Lake Charles LNG tender


Lake Charles LNG,which is jointly owned by Shell and pipeline company Energy Transfer, has issued a commercial tender package to EPC contractors for its 16.5million tonnes per year liquefaction project in Louisiana, USA. The proposed LNG plant will include three liquefaction trains and is expected to use the existing LNG storage and marine berthing facilities owned by Energy Transfer.


Russian field Equinor and Rosneft have taken a positive final investment decision (FID) on the first stage of the North Komsomolskoye full field development. “This is an important


milestone in the joint project that we have been working on for seven years,” said Elisabeth Birkeland Kvalheim, country manager for Equinor in Russia. The North Komsomolskoye


project was a part of the strategic cooperation agreement signed by Rosneft and Equinor in May 2012.


www.heavyliftpfi.com FID signed for


Maersk contract Maersk Drilling secured a three-well contract for the semi- submersible rig Maersk Discoverer from BP for development drilling at the Matapal project, offshore Trinidad and Tobago.


Three-well Archirodon wins ADNOC EPC work


Abu Dhabi National Oil Company (ADNOC) will upgrade its Bab onshore field, one of its largest onshore producing assets, located 160 km southwest of Abu Dhabi City. ADNOC Onshore, the operator of the field, awarded a USD489 million EPC contract to Archirodon Construction Overseas, which will build the facilities and infrastructure required to


OIL & GAS NEWS


FID for Nigeria LNG Train 7 Nigeria LNG (NLNG) has made a positive final investment decision (FID) for the Nigeria LNG Train 7 project. The estimated USD10 billion investment, which was sanctioned on December 27, 2019, will increase the plant’s production capacity to 30 million tonnes per annum (mtpa), from the current 22.5 mtpa. NLNGis partnering with Shell, Total and Eni on the project.


Total wins Angola fields Total has signed a sale and purchase agreement with Angola’s state-owned oil company Sonangol to acquire interests in Blocks 20/11 and 21/09 in the Kwanza Basin, offshore Luanda. Total will pay USD400 million to Sonangol at closing, with a further USD100 million to be paid pending a final investment decision on the project. Additional payments (up to USD250 million) will be paid over the life of the project, depending on production and crude oil prices.


sustain long-term crude oil production capacity at 485,000 barrels per day (bpd).


Allseas quits


FPC picks Wison Formosa Plastics Corporation (FPC) has awarded Wisona USD29 million contract for its polypropylene plant in Texas USA. Wison’s business scope covers procurement, fabrication, transportation, field construction, materials management and assembly support.


Nord Stream 2 Allseas Group has no plans to resume piplelaying for Russia’s Nord Stream 2 gas pipeline project, according to Russian state news agency TASS. Allseas ceased work after US President Donald Trump signed new sanctions. Russia said its own vessels will complete the work.


Comperj plant Petrobrasand partner CNPC have concluded it is not economic to complete construction of the stalled Comperj refining complex.


Petrobras drops


McDermott in Russia deals McDermott International has landed two contracts for an ethane cracking project being developed in Russia by BCC and CC7.


Saipem-Daewoo pact Saipemand Daewoo E&C have signed a strategic agreement to cooperate in the onshore oil and gas industry, with specific emphasis on the LNG sector.


South Africa refinery plan South Africa’s Central Energy Fund (CEF), in partnership with Saudi Aramco, is proposing to develop a 300,000 barrels per day refinery on South Africa’s eastern coast. The USD10 billion project would come online by 2028.


January/February 2020 63


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