TotalEnergies moves to bring LNG project back into playFrench energy giant TotalEnergies is preparing to re-engage with the major services companies that will be required to realise its ambition of developing the Papua liquefied natural gas project in Papua New Guinea, which the host government is desperate to see proceed as soon as possible. The final investment decision would therefore be targeted in 2025."Since then, the front-end engineering and design (FEED) work has been revisited and contractors in Asia have been consulted with in the build-up to an expression of interest, or pre-qualification, process in about September this year followed by a re-tender of the EPC packages in late 2024 or early 2025"The operator is indeed trying to attract lower-tier cheaper EPC contractors, including from China, although one source cautioned that Chinese contractors have no gas development experience in PNG, which has a very challenging terrain and weather "Nevertheless, it is understood TotalEnergies favours a modular construction methodology instead of a ground-up method. This means production facilities can be built in modules at offshore fabrication yards and transported to PNG for final assembly. conditions.
"One PNG-based source told Upstream that ExxonMobil, which is the operator of the very successful PNG LNG project, is waiting in the wings to take over the operatorship of Papua LNG if there is a requirement or opportunity for such a move.
TotalEnergies making moves to bring LNG project back into play | Upstream (upstreamonline.com)