Qatar LNG news

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.

Shell has been selected by QatarEnergy as a partner in the North Field East (NFE) expansion project in Qatar.

The companies have signed an agreement to further develop Qatar’s North Field East project, which will expand Qatar’s annual LNG capacity from 77 million t to 110 million t by 2026.

Eni has been selected by QatarEnergy as a new international partner in the North Field East (NFE) expansion project, the world’s largest LNG project.

TotalEnergies has been the first company selected to partner with QatarEnergy on the giant North Field East LNG project in Qatar.

The companies, alongside Chevron Corp. and Italy’s Eni, are partnering on the North Field expansion, which will boost Qatar’s LNG output by 64% by 2027.

The company has been selected to supply four air separation units for an LNG development project in Qatar.