(AOF) – TotalEnergies and OQ, the Omani oil company, announced the final investment decision (FID) for the Marsa LNG project. TotalEnergies also signed a Sale and Purchase Agreement with Oman LNG under which the company will offload 0.8 Mtpa of LNG for ten years starting in 2025, making it one of the main buyers of Oman’s production. LNG.
Finally, TotalEnergies (49%) and OQ Alternative Energy (51%) confirmed that they are in very advanced discussions to jointly develop a portfolio of 800 MW renewable projects, including the 300 MWp solar project which will power Marsa LNG.
Through their joint venture Marsa Liquefied Natural Gas (“Marsa”), TotalEnergies (80%) and OQ (20%) are launching the integrated Marsa LNG project which includes 3 components: upstream gas production, downstream gas liquefaction, solar electricity production.
The Marsa LNG plant will run 100% on electricity, and will be powered by solar electricity, making it one of the lowest carbon-intensive LNG plants in the world, with less than 3 kg CO2e/boe .
The main engineering and construction (EPC) contracts were awarded to Technip Energies for the LNG plant and to CB&I for the LNG tank with a capacity of 165,000 m3.
The Marsa LNG project will generate lasting employment opportunities and significant socio-economic benefits for the city of Sohar and the region.
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