meed-logo

line1 line2 line3
SIGN IN / REGISTER

QatarEnergy seeks revised prices for LNG trains

9 March 2023

QatarEnergy has asked contractors to submit revised commercial offers for the two new liquefied natural gas (LNG) trains that constitute the main onshore package of the North Field South project – the next development phase of Qatar’s LNG expansion programme.

Each LNG train will have a capacity of 7.8 million tonnes a year (t/y) and will increase QatarEnergy’s LNG production capacity to 126 million t/y when commissioned in 2028.

QatarEnergy received commercial bids for the two LNG trains on 15 February, MEED previously reported.

Upon initial evaluation of commercial bids, QatarEnergy is understood to have reached out to bidders with requests for reducing their prices by up to 15 per cent, according to sources.

Bidders are preparing to submit revised prices for the North Field South LNG trains by 17 March, one source said.

Two consortiums are understood to be bidding for the North Field South LNG trains package:

  • Chiyoda (Japan) / Technip Energies (France)
  • CTCI (Taiwan) / Hyundai Engineering & Construction (South Korea) / Saipem (Italy)

QatarEnergy issued the estimated $6bn tender for the engineering, procurement and construction (EPC) works on the North Field South LNG trains in April last year. Contractors submitted technical bids for the package on 20 October, as MEED previously reported.

Technip Energies has performed the front-end engineering and design (feed) works on the package.

North Field East LNG scheme

EPC works have started for the four main packages of QatarEnergy’s North Field East (NFE) LNG project, which will increase Qatar’s LNG output to 110 million t/y by 2025 from its existing capacity of 77.5 million t/y.

Launched in 2017, the NFE project constitutes the first phase of QatarEnergy’s $28.75bn North Field LNG expansion project.

The EPC works on the NFE project were divided into six packages – four onshore and two offshore.

ALSO READ: Qatar fires on all cylinders with gas strategy

QatarEnergy awarded a $13bn contract for NFE package 1 to a consortium of Japan’s Chiyoda and TechnipEnergies on 8 February 2021. The package covers the EPC of four LNG trains, with each train planned to have an output capacity of about 8 million t/y.

In March 2021, QatarEnergy awarded South Korea’s Samsung C&T Corporation a $2bn contract for executing EPC works on the second NFE package. This will expand the LNG storage and loading facilities in Ras Laffan Industrial City (RLIC).

In August, QatarEnergy awarded the third NFE package to Spanish contractor Tecnicas Reunidas. The scope of work on the package covers EPC works to expand the storage and loading facilities for condensates, propane and butane and increase the import facilities for mono-ethylene glycol within RLIC.

A 70:30 joint venture of Tecnicas Reunidas and China’s Wison Engineering won the $600m EPC contract for the fourth NFE package in April this year, related to the building of sulphur handling, storage and loading facilities.

As well as an LNG output of some 32 million t/y, NFE will produce 4,000 tonnes a day (t/d) of ethane as feedstock for future petrochemical developments, 260,000 barrels a day (b/d) of condensates, 11,000 t/d of liquefied petroleum gas (LPG) and 20 t/d of helium.

ALSO READ: Qatar scripts success story for LNG sector

Between June and July last year, QatarEnergy completed selecting stakeholders in the NFE scheme.

The state enterprise has divested a total stake of 25 per cent in the NFE programme, billed as the single largest project in the history of the LNG industry.

France’s TotalEnergies, Italian energy company Eni, US oil and gas producers ConocoPhillips and ExxonMobil, and UK/Netherlands-based Shell have collectively pooled over $7bn into the NFE project.

QatarEnergy has also completed the selection process for international partners in the NFS LNG project. Out of the 25 per cent share available for foreign stakeholders, TotalEnergies and Shell have won 9.375 per cent stakes each, while ConocoPhillips has secured a 6.25 per cent stake.

https://image.digitalinsightresearch.in/uploads/NewsArticle/10662473/main4947.jpg
Indrajit Sen

Register for MEED's guest program now to access this article.

Click here to register
Exclusive from Meed
Related Articles
  • Contractors prepare bids for more Qiddiya infrastructure

    8 October 2026

     

    Saudi gigaproject developer Qiddiya Investment Company (QIC) has tendered a design-and-build contract covering infrastructure works at District 0 in Qiddiya City.

    The scope includes the design, supply, construction, testing, commissioning and defects liability period for Road I in District 17, Road Q in District 19 and the District 18 Ring Road.

    In total, the package covers approximately 17.4 kilometres of roads, including 1.4km of bridge structures.

    Contractors have until 14 October to submit proposals.

    Beirut-headquartered Dar Al-Handasah is the lead design consultant for districts 17 and 19, with a remit that also includes potable water and recycled water storage tanks and pumping stations.

    US-based Jacobs is the lead design consultant for the District 18 Ring Road.

    The tender is the third infrastructure package for Qiddiya’s District 0. The first two packages, tendered in March, remain under procurement, as MEED exclusively reported.

    MEED understands that bid evaluation for these packages is in its final stages and that awards are expected shortly.

    QIC is also advancing plans to develop additional assets at Qiddiya City.

    Last month, MEED exclusively reported that QIC had awarded an estimated $500m-$600m contract to build an e-games arena, known as the Fortress Arena.

    The scope of work includes the construction of an auditorium with a capacity of about 5,100 seats, as well as commercial areas, hospitality facilities and other associated infrastructure.

    The Fortress Arena is one of several major projects within the wider Qiddiya development.

    Other projects include the Dragon Ball theme park, Prince Mohammed Bin Salman Stadium, a horse-racing venue, a performing arts centre, the Speed Park, the National Tennis Centre, Six Flags Qiddiya City and Aquarabia water park.

    The project is a key part of Riyadh’s strategy to boost leisure tourism in the kingdom. According to UK analytics firm GlobalData, leisure tourism in Saudi Arabia has grown significantly in recent years.

    MEED’s October 2026 report on Saudi Arabia includes:

    > COMMENT: Saudi projects hold steady
    > GOVERNMENT: Riyadh looks to reset its regional defence outlook
    > ECONOMY: Conflict bolsters case for Saudi economic diversification
    > BANKING: Saudi lenders readjust to lower lending and deposit climate
    > UPSTREAM: Aramco upstream spending gathers pace
    > DOWNSTREAM: Sabic steps up Saudi petchems investment
    > POWER: Saudi Arabia’s power award activity slows
    > WATER: Saudi water sector hits sharp slowdown
    > CONSTRUCTION: Saudi construction defies the headwinds
    > TRANSPORT: Saudi infrastructure pushes forward amid conflict
    > DATABANK: Saudi data indicates project spending shift

    To see previous issues of MEED Business Review, please click here
    https://image.digitalinsightresearch.in/uploads/NewsArticle/20384978/main.jpg
    Yasir Iqbal
  • Chinese contractors begin Jordan rail construction

    8 October 2026

     

    Beijing-headquartered firms China Civil Engineering Construction Corporation (CCECC) and China First Highway Engineering Company (CFHEC) have started construction work on the Aqaba-Al-Shidiyeh-Maan Railway project in Jordan.

    The 403-kilometre rail network is divided into six packages. CCECC is executing packages one to four, while CFHEC is undertaking packages five and six.

    The scope of work covers constructing railway tracks, about 55 bridges, six tunnels and related structures.

    The project aims to link Aqaba with key mining and production sites and the Maan logistics zone, establishing an integrated system for transporting bulk cargo and containers between ports, production centres and inland logistics facilities.

    The network is expected to carry around 16 million tonnes of phosphate and potash each year from production sites to Aqaba’s ports.

    In April 2025, a French-Swiss joint venture of Egis and Arx was awarded the project’s design consultancy contract.

    The estimated $2.5bn project is being developed by the Jordan-UAE Railway Company, which is jointly owned by Abu Dhabi’s L’imad Holding and Jordanian entities including the Jordan Phosphate Mines Company, the Government Investments Management Company, the Social Security Investment Fund and the Arab Potash Company.

    Jordanian and UAE officials attended a groundbreaking ceremony held earlier this week to mark the formal start of construction work.

    READ THE OCTOBER 2026 MEED BUSINESS REVIEW – click here to view PDF

    Industry and logistics drive development at Neom; Saudi Arabia’s investment priorities realign amid conflict; MEED’s 2026 power developer ranking.

    Distributed to senior decision-makers in the region and around the world, the October 2026 edition of MEED Business Review includes:
    To see previous issues of MEED Business Review, please click here
    https://image.digitalinsightresearch.in/uploads/NewsArticle/20371915/main.jpg
    Yasir Iqbal
  • Iraq discusses starting operations at $3.78bn refinery project

    8 October 2026

    Iraq’s Minister of Oil, Basem Muhammad Khudair Al-Abadi, has met with Japanese officials to discuss plans to commission the fluid catalytic cracking (FCC) unit at the Basra refinery upgrade project, according to a ministry statement.

    The meeting was attended by the Japanese Embassy’s executive officer as well as representatives from the Japan International Cooperation Agency (Jica) and Japan-based JGC, which is the main contractor on the project.

    According to the ministry, discussions focused on direct implementation steps and coordination between Iraqi authorities and the Japanese partners to bring the unit online using Japanese refining technologies.

    Iraq’s South Refineries Company (SRC) sent JGC notice of the main contract award for the Basra refinery upgrade project’s FCC package in August 2020.

    JGC was awarded the contract in consortium with South Korea’s Hyundai E&C.

    The official contract signing ceremony was held in Baghdad on 1 October 2020.

    The contract awarded to JGC, which uses the engineering, procurement, construction and commissioning model, was worth $3.78bn.

    Project delays

    The project has faced issues related to the ongoing regional conflict, which started when the US and Israel attacked Iran on 28 February.

    JGC evacuated its personnel from the site in the southern oil hub of Basra following the start of the regional war, stopping work on the project, which was in its final stages of construction.

    In August, JGC signed an agreement to restart work.

    The project will produce around 5 million litres a day of gasoline and 7 million litres a day of diesel.

    The FCC package is part of a broader project to upgrade the Basra refinery.

    Oil Ministry officials said in late 2025 that the Basra refinery upgrade project aims to slash Iraq’s fuel import bill and convert heavy refining residues into high-value petroleum products.

    The project site is located about 12 kilometres east of Iraq’s southern city of Basra.

    The wider upgrade project is installing new facilities on land adjacent to the existing Basra refinery, including a vacuum distillation unit and a diesel desulphurisation unit.

    In April 2021, France’s Axens won a contract to provide four process technologies to SRC for the Basra refinery upgrade project.

    The technologies that SRC selected are:

    • Diesel hydrotreatment unit (Prime-D)
    • Vacuum gasoil (VGO) hydrotreating unit
    • VGO fluid catalytic cracker unit
    • Oligomerisation unit (polynaphtha)

    In addition, Axens is providing catalysts and adsorbents and proprietary equipment, training and technical services.

    READ THE OCTOBER 2026 MEED BUSINESS REVIEW – click here to view PDF

    Industry and logistics drive development at Neom; Saudi Arabia’s investment priorities realign amid conflict; MEED’s 2026 power developer ranking.

    Distributed to senior decision-makers in the region and around the world, the October 2026 edition of MEED Business Review includes:
    To see previous issues of MEED Business Review, please click here
    https://image.digitalinsightresearch.in/uploads/NewsArticle/20366574/main.png
    Wil Crisp
  • Drilling resumes at Iraq’s Akkas field

    8 October 2026

     

    Drilling has resumed as part of the project to further develop Iraq’s Akkas gas field, according to industry sources.

    In March, MEED reported that development of the field had been disrupted by security issues related to the US and Israel’s war with Iran.

    Activity at the project site had been significantly reduced due to security concerns, which led to the evacuation of most non-Iraqi workers.

    Now, the project is progressing and drilling at the field is ongoing, sources said.

    One source said: “Many of the major issues that stopped drilling at the site have been dealt with in various ways, and the development of the field is proceeding.”

    Iraq held a ceremony in January to mark the start of drilling operations under the current phase of development. In July of the previous year, the Iraqi Oil Ministry announced a contract with US-based oilfield services provider SLB to develop the field. Under the agreement, SLB is drilling wells to raise initial output to 100 million cubic feet a day (cf/d), with a long-term production target of 400 million cf/d.

    The contract with SLB replaced a previous deal with Ukraine-based Ukrzemresurs, which has been terminated.

    It also covers the construction of surface infrastructure and pipelines to connect Akkas to central processing units.

    The gas produced at Akkas will fuel the Anbar combined-cycle power plant, which the Electricity Ministry is building.

    Akkas gas field development

    Located in western Anbar province, Akkas holds an estimated 5.6 trillion cubic feet of proven natural gas reserves. The field was discovered in 1992 and entered initial production in 1993, but efforts to develop it commercially have faced repeated delays.

    Development rights were originally awarded to a consortium of South Korea’s Kogas and Kazakhstan’s KazMunaiGas (KMG) during Iraq’s third licensing round in 2010. After KMG withdrew, Kogas took over as sole operator under revised contractual terms before work was subsequently halted.

    In April 2024, the Oil Ministry signed an agreement with Ukraine’s Ukrzemresurs targeting 100 million cf/d within two years and 400 million cf/d within four years. However, the deal faced strong domestic political resistance.

    Iraq’s parliamentary Oil and Gas Committee opposed the award, with committee member Ali Al-Mashkour telling Shafaq News Agency: “This contract involves a great waste of Iraq’s wealth, and there will be a waste of Iraq’s oil, and this confirms that Iraq is once again failing to choose reputable companies to work with in the most important economic field in the country.”

    He added: “We will work to uncover and expose the suspicions in this contract during the next stage, especially since this contract was made by some representatives for specific interests, which we will reveal soon with evidence.”

    The deal was subsequently terminated, paving the way for the current contract with SLB.

    The development of Akkas is central to Baghdad’s broader ambition to transition from a net gas importer into an exporter. Iraq remains heavily dependent on gas imports from Iran to meet domestic electricity demand. Both the US and Saudi Arabia have backed Iraq’s efforts to develop non-associated gas fields to reduce its economic and energy dependence on Tehran.

    READ THE OCTOBER 2026 MEED BUSINESS REVIEW – click here to view PDF

    Industry and logistics drive development at Neom; Saudi Arabia’s investment priorities realign amid conflict; MEED’s 2026 power developer ranking.

    Distributed to senior decision-makers in the region and around the world, the October 2026 edition of MEED Business Review includes:
    To see previous issues of MEED Business Review, please click here
    https://image.digitalinsightresearch.in/uploads/NewsArticle/20366494/main5816.jpg
    Wil Crisp
  • Neom extends bid deadline for Oxagon wastewater plant

    8 October 2026

     

    Neom has extended the bid submission deadline for a contract to build a wastewater treatment plant for Oxagon, its industrial cluster.

    According to a source, the new deadline is 25 October. The original deadline was 2 October.

    Enowa, Neom’s energy and water utility, is tendering the contract.

    The industrial wastewater treatment package will have an initial capacity of 35,000 cubic metres a day (cm/d), supplied in modular trains of 5,000 cm/d each. A separate sanitary wastewater treatment package will have a capacity of 1,000 cm/d.

    The contract is structured as a design-build-operate project and covers the supply, installation and commissioning of industrial and sanitary wastewater treatment packages, as well as three years of operation and maintenance.

    According to sources, local contractor Alfanar, Beijing-based PowerChina and France-based Veolia are among the companies preparing bids.

    The project follows an earlier tender for the Oxagon Village Water Recycling Plant, which was cancelled despite contractors submitting bids in 2024.

    MEED reported at the time that PowerChina, Alfanar and Cairo-headquartered Orascom had submitted bids for that project.

    The earlier scheme included truck-receiving facilities, pretreatment, biological treatment using food chain reactor technology, tertiary treatment, sludge handling and recycled-water storage.

    The latest procurement appears to take a reworked approach to wastewater treatment at Oxagon Industrial Quarter. It replaces the previous engineering, procurement and construction scheme with an interim modular and demountable facility.

    The plant is designed to provide “interim wastewater treatment” capacity for Oxagon Industrial Quarter as industrial development progresses.

    As MEED understands, this includes treatment systems that can be installed and subsequently removed or relocated as requirements at Oxagon evolve. The plant can be expanded to a maximum capacity of 45,000 cm/d.

    The tender documents also state that Neom may consider export credit agency (ECA) financing for the project. The strength of bidders’ ECA financing proposals will form part of the commercial evaluation.

    READ THE OCTOBER 2026 MEED BUSINESS REVIEW – click here to view PDF

    Industry and logistics drive development at Neom; Saudi Arabia’s investment priorities realign amid conflict; MEED’s 2026 power developer ranking.

    Distributed to senior decision-makers in the region and around the world, the October 2026 edition of MEED Business Review includes:
    To see previous issues of MEED Business Review, please click here
    https://image.digitalinsightresearch.in/uploads/NewsArticle/20347018/main.jpg
    Mark Dowdall