No pricetag was named on the initial phase of an LNG export project that is aiming for a final investment decision at the end of 2023
France’s Technip Energies and Australia’s Clough formed a consortium to win the front-end engineering design (FEED) contract covering the upstream production facilities for TotalEnergies’ Papua LNG project in Papua New Guinea in the Asia Pacific region.
The upstream production facilities include the development of the Elk and Antelope onshore gas fields in Papua New Guinea, as well as a carbon capture and sequestration (CCS) scheme to remove the gas fields’ native CO2 and reinject it into the planned gas reservoirs.
Technip Energies senior vice president Loic Chapuis said, “We are very proud to be entrusted by TotalEnergies for this strategic development which will feed the future Papua LNG trains."
In parallel to initiating the FEED process for its upstream facilties, in July, TotalEnergies said studies for the downstream liquefaction facilities are progressing in line with the overall project schedule, and the objective is to launch the integrated FEED in Q4 2022. The project is targeting a final investment decision at the end of 2023, and a start-up at the end of 2027.
TotalEnergies senior vice president Asia Pacific for exploration and production and renewables, Julien Pouget said at the time, “The Papua LNG project is well-positioned to contribute to growth in LNG supply worldwide, especially for customers in Asia seeking to decarbonise from coal to gas, in line with our strategy to lower global greenhouse gas emissions.”
The Papua LNG project is a joint venture between Total E&P PNG Ltd, which serves as project operator and holds a 40.13% stake, along with ExxonMobil and Oil Search Ltd, with 37.03% and 22.84% ownership in the project, respectively.
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