McDermott Wins Offshore Work for Qatari LNG Expansion Project

Cars are parked outside the headquarters of Qatar Petroleum in Doha, Qatar, July 8, 2017. (Reuters)
Cars are parked outside the headquarters of Qatar Petroleum in Doha, Qatar, July 8, 2017. (Reuters)
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McDermott Wins Offshore Work for Qatari LNG Expansion Project

Cars are parked outside the headquarters of Qatar Petroleum in Doha, Qatar, July 8, 2017. (Reuters)
Cars are parked outside the headquarters of Qatar Petroleum in Doha, Qatar, July 8, 2017. (Reuters)

QatarEnergy said it has awarded an engineering, procurement, construction and installation (EPCI) contract for the offshore portion of its massive North Field Liquefied natural gas (LNG) expansion project to engineering company McDermott.

The project will increase Qatar’s LNG production capacity from 77 million tons per annum to 126 million tons per annum through the North Field East (NFE) and North Field South (NFS) expansion projects, with the first LNG expected in 2025.

The North Field lies off the northeast shore of the Qatar peninsula and is one of the largest single non-associated natural gas fields in the world.

According to press statement by QatarEnergy, the scope for the awarded contract includes 13 normally unmanned wellhead platforms topsides (eight for NFE and five for NFS), in addition to various connecting pipelines and the shore approaches for the NFE pipelines, beach valve stations and buildings.

The jackets and the pipelines for the NFS Project will be subject to a separate tender, which is expected to be awarded in the first half of 2022.



Russia’s Pipeline Gas Exports to Europe up 13% in 2024, Calculations Show

Gazprom logo and stock graph are seen through a magnifier displayed in this illustration taken September 4, 2022. (Reuters)
Gazprom logo and stock graph are seen through a magnifier displayed in this illustration taken September 4, 2022. (Reuters)
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Russia’s Pipeline Gas Exports to Europe up 13% in 2024, Calculations Show

Gazprom logo and stock graph are seen through a magnifier displayed in this illustration taken September 4, 2022. (Reuters)
Gazprom logo and stock graph are seen through a magnifier displayed in this illustration taken September 4, 2022. (Reuters)

Pipeline gas exports by Russian energy giant Gazprom to Europe increased by 13% in 2024 to around 32 billion cubic meters (bcm), Reuters calculations showed on Saturday, slightly more than the 31 bcm supplied to China.

Gazprom's average daily pipeline exports have been stable this December, at 91.3 million cubic meters (mcm), in comparison with November, but rose by 7% from December 2023, calculations based on data from European gas transmission group Entsog and Gazprom's daily reports on gas transit via Ukraine showed.

Its total supply to the European Union stood at about 2.8 bcm in December, the preliminary data showed, including 1.5 bcm, or 49.2 mcm per day, sent via Turkey.

Gas transit via Ukraine has reached around 1.3 bcm this month, or 42.1 mcm per day, almost unchanged from November despite Russia halting gas exports to Austria's OMV in mid-November over a contractual dispute.

Gazprom's exports to Europe via Ukraine this year have reached about 15 bcm.

The transit agreement between Moscow and Kyiv expires in the end of the year and is unlikely to continue as Ukraine has repeatedly said it was unwilling to do so amid the military conflict.

President Vladimir Putin said on Thursday there was no time left this year to sign a new Ukrainian gas transit deal, and laid the blame firmly on Ukraine for refusing to extend the agreement that brings gas to Slovakia, the Czech Republic and Austria.

Gazprom, which has not published its own monthly statistics since the start of 2023, did not respond to a request for comment.

Russia supplied about 63.8 bcm of gas to Europe by various routes in 2022, Gazprom data and Reuters calculations show. That fell by 55.6% to 28.3 bcm last year.

At their peak in 2018-2019, annual flows to Europe reached between 175 bcm and 180 bcm.