Qatar Petroleum awards EPC contract worth over $2bn to Samsung C&T ...United Arab Emirates

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Qatar Petroleum awards EPC contract worth over $2bn to Samsung C&T
Qatar Petroleum has awarded Samsung C&T Corporation an engineering, procurement, and construction (EPC) contract valued over $2bn. The contract is for the expansion of LNG storage and loading facilities located within Ras Laffan Industrial City, as part of the North Field East (NFE) project. The contract was signed by Saad Sherida Al Kaabi, the Minister of State for Energy Affairs, the president and CEO of Qatar Petroleum and Oh Se-chul, the president and CEO of Samsung C&T. According to a statement, the contract was awarded on a lump sum basis and was the second major onshore EPC contract award for the North Field East (NFE) project. Once complete, the NFE Project will boost Qatar’s LNG pro

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