(Source: Shutterstock.com)
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
SM Energy Adds Petroleum Engineer Ashwin Venkatraman to Board
2024-12-04 - SM Energy Co. has appointed Ashwin Venkatraman to its board of directors as an independent director and member of the audit committee.
Geologist James Parr Joins Ring as EVP of Exploration, Geosciences
2024-11-26 - James Parr joins Ring Energy with over 30 years of experience as a petroleum geologist and leader in multiple energy organizations.
Berry Announces Jeff Magids as New CFO
2025-01-21 - Jeff Magids was appointed as Berry Corp.’s new CFO on Jan. 21 in replacement of Mike Helm, effective immediately.
Equinor Exercises Option for Three Havila Vessels
2024-11-26 - Equinor ASA uses the vessels to support its North Atlantic, North Sea platforms.
Berry Closes Debt Refinancing to Uphold Growth Commitments
2024-12-26 - Berry Corp. closed a debt refinancing agreement to continue its corporate strategy of promoting scale and diversification.
Comments
Add new comment
This conversation is moderated according to Hart Energy community rules. Please read the rules before joining the discussion. If you’re experiencing any technical problems, please contact our customer care team.