Middle East Economic Survey

VOL. XLVII

No 51/52

20/27-December-2004

QATAR

Technip And Chiyoda Win $4Bn Qatargas-2 EPC Contract

A consortium of Frances Technip and Japans Chiyoda were on 15 December awarded the engineering, procurement and construction (EPC) contract by Qatargas-2 for its two LNG trains. Qatargas-2 is a joint venture between Qatar Petroleum (QP) with 70% and ExxonMobil (30%). Under the $4bn contract, the joint venture partners will engineer and build Trains 4 and 5 at the Qatargas...