The new LNG bunkering project set to be established at the #PortofSohar will be fuelled entirely by solar energy in the first such renewables-powered venture of its kind in the Middle East. Marsa LNG - a partnership of French-based energy giant TotalEnergies (80%) and Almuzn LNG LLC, a wholly-owned subsidiary of Omani integrated energy group OQ (20%) - is developing the 1 million tonne capacity LNG project to serve primarily as a bunkering and export terminal. The solar project will help offset the LNG plant’s Scope 2 emissions – indirect greenhouse gas (GHG) emissions associated with the procurement of electricity, as well as steam, heat or cooling for plant operations. It will allow for Marsa LNG to market its output as low-carbon (in comparison with the output from conventionally powered LNG plants) and qualify for carbon credits as well. French engineering contractor Technip Energies has been tipped to undertake the construction of the LNG bunkering project at an estimated cost of $1 billion. Not included in the scope of this project is the solar farm, which will be undertaken as a separate venture. #Oman #LNG #LNGbunkering #MarsaLNG #SolarEnergy #RenewableEnergy
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🇴🇲 ➡️ Oman’s new LNG bunkering project to be fully solar-powered Marsa LNG - a partnership of French-based energy giant TotalEnergies (80%) and Almuzn LNG LLC, a wholly-owned subsidiary of Omani integrated energy group OQ (20%) - is developing the 1 million tonne capacity LNG project to serve primarily as a bunkering and export terminal. For want of suitable land in the vicinity of the project, the solar farm is proposed to be established elsewhere within Oman and with enough capacity to meet the energy needs of the LNG plant nearly twice over. This output will be fed into the national grid, which in turn will power the LNG plant through a ‘power wheeling arrangement’ with grid operator, the Oman Electricity Transmission Company (OETC). #LNG #TotalEnergies #MarsaLNG #LNGbunkering
Oman’s new LNG bunkering project to be fully solar-powered
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Technip Energies To Construct Solar-Powered LNG Plant For TotalEnergies And OQ In Oman Technip Energies, a global leader in energy transition solutions, has secured a significant contract from TotalEnergies and OQ for the Marsa LNG bunkering project situated in Sohar, Oman. The contract encompasses Engineering, Procurement, and Construction (EPC) services for a natural gas liquefaction train with a remarkable LNG production capacity of 1 million tons per annum (Mtpa). Notably, the plant will adopt electric-driven motors instead of conventional gas turbines and will be fueled by renewable electricity sourced from a nearby solar farm, effectively covering 100% of the LNG plant’s annual power requirements. This innovative approach positions the site as one of […] Read the full story here: https://lnkd.in/dxrpTeux #solarenergy #alternativeenergy #solarpv #pvsolar #photovoltaic #cleanenergy #cleantech #climatechange #middleeast #africa #india #asiapacific #asia #energytransition #middleeast #oman #oq #renewableenergy #solarenergy #techniqenergies #totalenergies
Technip Energies To Construct Solar-Powered LNG Plant For TotalEnergies And OQ In Oman
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https://lnkd.in/dy9UKZ2r #trending #viral #icorppro #oman #jeddah #investment #billion #project #LNG #GCC OQ Group, Final Investment Decision to Build $1.6 Billion LNG Bunkering Plant in Oman. OQ Group and TotalEnergies have announced the final investment decision to construct the Marsa LNG Bunkering project at Sohar Port in Oman. The project will cost around $1.6 billion, with TotalEnergies contributing 80% and OQ contributing 20%. The project aims to combine upstream and downstream business segments. However, the upstream component produces 150 million cubic feet per day of gas from Block 10. Moreover, it will subsequently be transported through OQGN’s gas network to Sohar Port. The downstream component involves the construction of an LNG plant with a capacity of 1 million tons per year. Also, a renewable energy power plant with a capacity of 300 MW of PV solar power will provide the LNG plant's total annual energy needs. The Marsa LNG Bunkering project will achieve two remarkable milestones in the region. However, a plant with less than 3 kg of carbon dioxide emissions for every oil equivalent barrel. Also, building the first-of-its-kind LNG bunkering facility in the Middle East. The Marsa LNG project reflects OQ’s commitment to contributing to developing Oman’s energy sector to create long-term sustainable value. This collaboration is a testament to OQ’s consistent steps and unified goals in supporting economic growth in Oman. It is also diversifying its investments in a new energy area, namely an LNG bunkering facility for ship fuel. The Marsa LNG plant will be 100% electrically driven, positioning it as the lowest GHG intensity LNG plant ever built worldwide by setting a standard with such GHG efficiency. The plant's entire electrical design and the solar farm's integration will eliminate more than 200 kt/y of CO2e over the project's lifetime. The Marsa LNG project aims to serve as the first LNG bunkering hub in the Middle East. It showcases an available and competitive alternative marine fuel to reduce the shipping industry’s carbon footprint. Compared to conventional marine fuel, LNG helps to cut GHG emissions by up to 23%, sulfur emissions by 99%, fine particle emissions by 99% and nitrogen oxide emissions by up to 85%. The plant, powered entirely by solar energy, is expected to contribute to reducing carbon emissions and the shipping industry’s overall carbon footprint. It is projected to emit less than 3 kg of carbon dioxide per barrel of oil equivalent. The project also reflects Oman's goal of achieving carbon neutrality by 2050. The partnership between OQ and TotalEnergies is a testament to their consistent efforts to support economic growth in Oman. It is also the development of the country's energy sector to create long-term sustainable value.
OQ Group, Final Investment Decision to Build $1.6 Billion LNG Bunkering Plant in Oman.
icorppro.com
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MUSCAT: Global integrated energy group OQ signed an investment agreement with TotalEnergies to establish the Marsa project to supply ships with liquefied natural gas (LNG) at the Port of Sohar, at a cost of $1.6 billion, with TotalEnergies contributing 80 per cent of the project costs and OQ with 20 per cent of the joint investment. The project is characterised by the integration of the upper and lower parts; where the upper part involves the production of 150 million cubic feet per day of gas from Block 10 concession area, and then the gas is transported through OQ to gas networks to the Port of Sohar. The lower part involves building a liquefied natural gas plant with a capacity of one million tonnes annually, consisting of a renewable energy station by building a 300-megawatt solar power station to provide the annual energy needs for the liquefied natural gas plant. Read more: https://lnkd.in/dbvuWEtQ OQ TotalEnergies Ministry of Energy and Minerals SOHAR Port and Freezone #OQUpstream #MarsaLNG #Bunkering #NaturalGas #Energy #SoharPort #JointVenture #CleanEnergy #Block10 #LiquefiedNaturalGas #Fuel #MaritimeFuel #CarbonNeutrality #RenewableElectricity #SolarPower #Oman #OmanBiz
Pact signed to establish $1.6 billion LNG bunker project at Port of Sohar
omanobserver.om
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https://lnkd.in/dW7X_Fzu #trending #viral #icorppro #oman #jeddah #investment #billion #project #LNG #GCC OQ Group, Final Investment Decision to Build $1.6 Billion LNG Bunkering Plant in Oman. OQ Group and TotalEnergies have announced the final investment decision to construct the Marsa LNG Bunkering project at Sohar Port in Oman. The project will cost around $1.6 billion, with TotalEnergies contributing 80% and OQ contributing 20%. The project aims to combine upstream and downstream business segments. However, the upstream component produces 150 million cubic feet per day of gas from Block 10. Moreover, it will subsequently be transported through OQGN’s gas network to Sohar Port. The downstream component involves the construction of an LNG plant with a capacity of 1 million tons per year. Also, a renewable energy power plant with a capacity of 300 MW of PV solar power will provide the LNG plant's total annual energy needs. The Marsa LNG Bunkering project will achieve two remarkable milestones in the region. However, a plant with less than 3 kg of carbon dioxide emissions for every oil equivalent barrel. Also, building the first-of-its-kind LNG bunkering facility in the Middle East. The Marsa LNG project reflects OQ’s commitment to contributing to developing Oman’s energy sector to create long-term sustainable value. This collaboration is a testament to OQ’s consistent steps and unified goals in supporting economic growth in Oman. It is also diversifying its investments in a new energy area, namely an LNG bunkering facility for ship fuel. The Marsa LNG plant will be 100% electrically driven, positioning it as the lowest GHG intensity LNG plant ever built worldwide by setting a standard with such GHG efficiency. The plant's entire electrical design and the solar farm's integration will eliminate more than 200 kt/y of CO2e over the project's lifetime. The Marsa LNG project aims to serve as the first LNG bunkering hub in the Middle East. It showcases an available and competitive alternative marine fuel to reduce the shipping industry’s carbon footprint. Compared to conventional marine fuel, LNG helps to cut GHG emissions by up to 23%, sulfur emissions by 99%, fine particle emissions by 99% and nitrogen oxide emissions by up to 85%. The plant, powered entirely by solar energy, is expected to contribute to reducing carbon emissions and the shipping industry’s overall carbon footprint. It is projected to emit less than 3 kg of carbon dioxide per barrel of oil equivalent. The project also reflects Oman's goal of achieving carbon neutrality by 2050. The partnership between OQ and TotalEnergies is a testament to their consistent efforts to support economic growth in Oman. It is also the development of the country's energy sector to create long-term sustainable value.
OQ Group, Final Investment Decision to Build $1.6 Billion LNG Bunkering Plant in Oman.
icorppro.com
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Fancy a bit of travel Tuesday? Well you’re in luck! This Tuesday we’ll be travelling to Oman. Here, TotalEnergies has recently announced the final investment decision of the Marsa LNG project. The Marsa LNG project will produce 150 million ft3/d of natural gas which will provide feedstock for the LNG plant; a 1 million tpy liquefaction plant in the Port of Sohar (expected to be operational by 1Q28); and a 300 MWp solar plant to cover the power consumption of the project, The Marsa LNG plant will be 100% electrically driven and supplied with solar power, positioning the site as one of the lowest greenhouse gas (GHG) emissions intensity LNG plants ever built worldwide, with a GHG intensity below 3 kg CO2e/boe. To read the rest of this press release click here: https://lnkd.in/eNru5i58 To read more case studies and for all things LNG, make sure to register for your FREE trial of LNG Industry here: https://bit.ly/3p3QotC #TravelTuesday #LNG #LNGIndustry #Energy #NaturalGas #power #oman #liquefaction #solar #renewableenergy
TotalEnergies launches Marsa LNG project
lngindustry.com
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As South Africa grapples with frequent power outages lasting six to ten hours a day, it is evident that urgent action is needed to tackle the country’s energy crisis. The reliance on mostly coal-powered plants to meet electricity demands has strained the system, leading to disruptions affecting businesses and households alike. https://lnkd.in/gvByKsw2 African Energy Chamber African Energy Week International Energy Agency (IEA) International Renewable Energy Agency (IRENA) Chevron Renewable Energy Group Renewable Energy Africa 2024 Renewable Energy Association of Nigeria Energy Intelligence Serica Energy plc Green H2 Energy GREEN ENERGY POWER TotalEnergies Axxela Group LEKOIL Limited Famfa Oil Limited Seplat Energy Plc ADNOC Group Nigeria LNG Limited Addax Petroleum MRS Oil Nigeria Plc Oando Plc Chevron Shell ExxonMobil Oilserv Limited Dangote Oil Refinery Nigeria Sure4Jeri Oil & Gas Nigeria Limited Al-Ihsan OilandGas Ardova Plc Techno Oil Limited Conoil PLC Jimcol Resources Nigeria Limited Dovewell Oilfield Services Limited Eland Oil & Gas Chibeco Oil & Gas Nigeria Limited West Atlantic Energy Nigeria Ltd
Leveraging Abundant Natural Gas To Address South Africa's Energy Crisis - Majorwaves Energy Report
majorwavesenergyreport.com
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TotalEnergies forward looking as an integrated energy player! TTE is reducing the proportion of its oil products and strengthening the company’s position in natural gas and clean electricity through solar and wind projects. TotalEnergies’ presence across the entire value chain of LNG allows the company to easily supply clean energy to its customers across the globe. By 2030, the company aims to produce more than 100 terawatt hours of renewable electricity. TotalEnergies is also targeting 150,000 recharging points for electric vehicles. The company has plans to install 5 GW of storage capacity worldwide to support its renewable projects. TotalEnergies expects to invest in the range of $17-$18 billion in 2024, of which $5 billion will be dedicated to Integrated Power. The systematic investment should enable the company to expand its multi-energy production across the globe with a special focus on clean renewable energy.
TotalEnergies (TTE) Signs Exploration Deal, Expands in Africa
finance.yahoo.com
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Saudi Arabia Reveals Bidders for 3.7 GW solar tender The Saudi Arabian government's National Renewable Energy Programme (NREP) chose bids for the fifth round of the programme this week, according to a statement released by Saudi Power Procurement Co. (SPPC). Both a list of "managing members" and a list of "managing and technical members" are included in the SPPC document. 📌 The first list includes: - UAE-based renewable energy developer Masdar - Saudi Arabia-based energy company Al Jomaih Energy & Water Company (AEW) - Saudi developer Alfanar - Thailand-based industrial group B.Grimm Group - UAE-based BGL Renewable Energy Systems Installation LLC - EDF Renouvelables, the renewable energy unit of French energy giant EDF - Renewable energy company FAS Energy, a unit of Saudi industrial group - Fawaz Al Hokair Group - Japan's Itochu Corporation - China-based Jinko Power - Kahrabel FZE, a unit of French energy company Engie - Korean utility Korea Electric Power Corporation (KEPCO) - Japan's Marubeni Corporation - Qatar-based Nebras Power - Saudi energy company Nesma Renewable Energy (NRE) - South Korean engineering company Samsung C&T Corporation - China-based SPIC Huanghe Hydropower Development Co. Ltd. - Japan's Sumitomo Corporation - Total Energies Renewables SAS, a unit of French oil and energy company Total 📌 The second list comprises: - Greek conglomerate GEK Terna - Thailand-based Gulf Energy Development Public Company Limited - Japanese utility Jera - Power Construction Corporation of China (PowerChina) - Saudi Electricity Company 📎 Source : National Renewable Energy Program https://lnkd.in/dPbDC3wt 📄For more exclusive news in energy industry follow the link below 👇 https://lnkd.in/dYicJSbZ #Aqua_energy_expo_magazine
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10 Top energy projects to watch in Angola
Representing one of the leading producers in Africa, Angola’s oil production is expected to remain steady at approximately 1.1 million barrels per day in 2024. While billion-dollar gas projects progress, developments across the renewable, power and infrastructure sectors have also advanced, with several anticipating a 2024 start. https://lnkd.in/ens2zYuJ
Top 10 Energy Projects to Watch in Angola
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