Qatar: NFE, onshore contract and offshore bidding

Issue 1121 - 04 Mar 2021 | 1 minute read

Qatar Petroleum (QP) on 1 March signed a $2bn-plus engineering, procurement and construction (EPC) lump sum contract with Samsung C&T Corporation for the expansion of liquefied natural gas (LNG) storage and loading facilities in Ras Laffan Industrial City, needed to support the huge North Field East (NFE) project. Signed by minister of state for energy affairs and QP president and chief executive Saad Sherida Al-Kaabi and Samsung C&T chief executive Oh Se-chul, it is the second major onshore EPC contract award for the NFE project, following QP’s award for the construction of four LNG mega-trains and associated facilities to the Chiyoda Technip joint venture.

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