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QatarEnergy awarded a $10 billion contract to a joint venture of Technip Energies and Consolidated Contractors Company for the purpose of engineering and constructing the North Field South (NFS) project. Once the project is complete, it is projected to increase Qatar’s LNG production by roughly 60 percent in 2027. The country’s energy minister described this trade deal as, “another significant milestone in the world’s largest LNG project”. He also pointed out that the project will minimize its footprint by having one of the largest CO2 capture facilities. 

QatarEnergy awards $10bn gas contract to Tech Energies, CCC

QatarEnergy awarded a $10 billion contract to a joint venture of Technip Energies and Consolidated Contractors Company for the purpose of engineering and constructing the North Field South (NFS) project. Once the project is complete, it is projected to increase Qatar’s LNG production by roughly 60 percent in 2027. The country’s energy minister described this trade deal as, “another significant milestone in the world’s largest LNG project”. He also pointed out that the project will minimize its footprint by having one of the largest CO2 capture facilities. 

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