(CercleFinance.com) – Technip Energies announced on Monday that it had won a ‘substantial’ contract for the development of the LNG project unveiled this morning by TotalEnergies in Oman.
From the company’s point of view, a ‘substantial’ contract represents a cumulative turnover of between 500 million and one billion euros.
In a press release, the group indicates that the agreement concerns the engineering, procurement and construction (EPC) of a natural gas liquefaction train with a production capacity of one million tonnes per year ( mtpa).
The plant, which will use electric motors instead of conventional gas turbines, will be powered by renewable electricity from a planned solar farm nearby.
This solar farm is expected to cover the entire annual electricity needs of the plant, making this site one of the lowest greenhouse gas emissions-intensive LNG plants built in the world.
The LNG produced will in turn be used as marine fuel to reduce the carbon footprint of the shipping industry.
The Marsa LNG project – which was officially presented this morning by TotalEnergies – is an integrated complex developed by the French energy group, which will control 80%, and by the Omani oil company OQ which will hold 20%.