Paris-based TotalEnergies and the Oman National Oil Co. (OQ) took a final investment decision (FID) for the Marsa LNG project, reaffirming a long-term partnership between TotalEnergies and the Sultanate of Oman, the companies said on April 22.
Along with becoming the first LNG bunkering hub in the Middle East, Marsa LNG plans to be fully electrically driven with a greenhouse gas intensity below 3 kg CO2e/boe.
Marsa LNG is expected to start production by first-quarter 2028 with TotalEnergies holding 80% interest in the project and OQ holding 20%.
The project includes 150 MMcf/d of natural gas, coming from the 33.19% interest held by TotalEnergies and OQ in the Mabrouk North-East Field on onshore Block 10.
The FID allows Marsa LNG to extend its rights in Block 10 until its term in 2050.
The project also integrates a 1 million tonnes per annum capacity LNG liquefaction plant in the port of Sohar, Oman.
A 300-megawatt peak photovoltaic solar plant will be built to cover 100% of the LNG plant’s annual power consumption.
Technip Energies won the engineering, procurement and construction contracts for the LNG plant and CB&I was awarded the EPC for the 165,000-cu. m LNG tank, TotalEnergies said.
“We are especially pleased to deploy the two pillars of our transition strategy, LNG and renewables, and thus support the Sultanate on a new scale in the sustainable development of its energy resources,” said Patrick Pouyanné, chairman and CEO of TotalEnergies.
TotalEnergies, which has operated in Oman since 1937, also signed a sales and purchase agreement with Oman LNG to offtake 800,000 tonnes per annum of LNG for 10 years in 2025.
Recommended Reading
CNOOC Makes 100 MMton Oilfield Discovery in Bohai Sea
2024-03-18 - CNOOC said the Qinhuangdao 27-3 oilfield has been tested to produce approximately 742 bbl/d of oil from a single well.
TPH: Lower 48 to Shed Rigs Through 3Q Before Gas Plays Rebound
2024-03-13 - TPH&Co. analysis shows the Permian Basin will lose rigs near term, but as activity in gassy plays ticks up later this year, the Permian may be headed towards muted activity into 2025.
Proven Volumes at Aramco’s Jafurah Field Jump on New Booking Approach
2024-02-27 - Aramco’s addition of 15 Tcf of gas and 2 Bbbl of condensate brings Jafurah’s proven reserves up to 229 Tcf of gas and 75 Bbbl of condensate.
Well Logging Could Get a Makeover
2024-02-27 - Aramco’s KASHF robot, expected to deploy in 2025, will be able to operate in both vertical and horizontal segments of wellbores.
Shell Brings Deepwater Rydberg Subsea Tieback Onstream
2024-02-23 - The two-well Gulf of Mexico development will send 16,000 boe/d at peak rates to the Appomattox production semisubmersible.