QatarEnergy Awards $4 Billion EPCI Contract to Saipem and OOE for North Field Expansion
NATURAL GAS
QatarEnergy LNG has awarded a $4 billion EPCI contract to a consortium of Saipem SpA and Offshore Oil Engineering Co. Ltd. to enhance LNG production capacity at the North Field, the largest non-associated natural gas field globally. Saipem's portion of the contract is approximately $3.1 billion, with the project expected to take about five years and involve the installation of two compression complexes.

Dec 22, 2025, 7:34 PM