Qatar LNG news

Pursuant to the agreement, ConocoPhillips will have an effective net participating interest of 6.25% in the NFS project out of a 25% interest available for international partners.

Affiliates of QatarEnergy and ExxonMobil have agreed to independently offtake and market their respective proportionate equity shares of LNG produced by the Golden Pass LNG Export Project, USA.

WinGD’s engines will power 25 vessels as part of the QatarEnergy’s North Field East project, the biggest LNG carrier newbuilding project in history.

Shell will obtain a 9.375% participating interest in the 16 million tpy North Field South LNG project.

The NFS project, which comprises two LNG mega trains with a combined capacity of 16 million tpy, will raise Qatar’s total LNG export capacity to 126 million tpy.

Air Products has announced that it has been awarded the contract to supply four end flash coil wound heat exchangers (CWHE) for the North Field East LNG project in Qatar.

The company has stated that its investment policy is designed to transform TotalEnergies into a multi-disciplined energy company, which will help it achieve its net zero target by 2050.

As the global energy crisis deepens and countries scramble to secure reliable energy sources, investments in new LNG infrastructure are set to surge, reaching US$42 billion annually in 2024.

The joint venture companies have also executed shipbuilding contracts for the seven 174 000 m3 LNG carriers with Hyundai Heavy Industries Co., Ltd.

McDermott International has been awarded a FEED contract by QatarEnergy for the North Field South (NFS) project, designed to increase LNG production in the state of Qatar.