Qatar Projects, H1 2022 - Outlook of Major Projects in Qatar - MEED Insights
Project market awards and Outlook
The news is pretty much all positive in Qatar’s projects market, which is currently a rising regional star thanks to the country’s upswell in activity over the past 12 months. This was led by the $13bn award in early 2021 for the construction contract on the new LNG processing trains at the all-important North Field development to France’s Technip Energies and Japan’s Chiyoda.
All in all, the value of projects under execution in Qatar grew by 19 per cent in 2021, and there remains $21.4bn-worth of project work in the bidding phase, including major gas and utilities schemes. Strong project activity in 2022 will build on Doha’s record LNG infrastructure contract award in 2021 and the pipeline, combined with Doha’s ample liquidity, should ensure the projects market remains a bright spot in the region and buoyant above and beyond the recovery in other non-oil sectors.
Master planned projects dominate Qatar’s pre-execution project pipeline as per the latest MEED Projects data. The LNG expansion programme and finalising projects in time for the 2022 World Cup will be the focus of attention over the next nine months.
Push for PPP projects
Qatar’s push for public-private partnership (PPP) projects through its forward-looking financial strategy followed the issuance of Law No. 12 of 2020 in May. The PPP law was seen as a critical development as the government looks to derisk its fiscal position and progress beyond traditional capital expenditure to fulfil Qatar National Vision 2030’s mandate, and opts to work with investors and operators that meet its meticulous PPP requirements.
Summary
Project market awards and Outlook
The news is pretty much all positive in Qatar’s projects market, which is currently a rising regional star thanks to the country’s upswell in activity over the past 12 months. This was led by the $13bn award in early 2021 for the construction contract on the new LNG processing trains at the all-important North Field development to France’s Technip Energies and Japan’s Chiyoda.
All in all, the value of projects under execution in Qatar grew by 19 per cent in 2021, and there remains $21.4bn-worth of project work in the bidding phase, including major gas and utilities schemes. Strong project activity in 2022 will build on Doha’s record LNG infrastructure contract award in 2021 and the pipeline, combined with Doha’s ample liquidity, should ensure the projects market remains a bright spot in the region and buoyant above and beyond the recovery in other non-oil sectors.
Master planned projects dominate Qatar’s pre-execution project pipeline as per the latest MEED Projects data. The LNG expansion programme and finalising projects in time for the 2022 World Cup will be the focus of attention over the next nine months.
Push for PPP projects
Qatar’s push for public-private partnership (PPP) projects through its forward-looking financial strategy followed the issuance of Law No. 12 of 2020 in May. The PPP law was seen as a critical development as the government looks to derisk its fiscal position and progress beyond traditional capital expenditure to fulfil Qatar National Vision 2030’s mandate, and opts to work with investors and operators that meet its meticulous PPP requirements.
Reasons to Buy
- Opportunities and challenges in Qatar’s projects market
- Analysis of the pipeline of planned projects and contract awards
- Key policies and drivers shaping the outlook for projects in Qatar
- Political and economic background
- The barriers and challenges that may arise
- Sector-by-sector breakdown of future project plans
- Key drivers of projects in each sector
- Qatar’s most valuable key projects and major project sponsors
Table of Contents
- Executive Summary
- Qatar Country Overview
- Qatar Projects Market
- Oil and Gas
- Construction
- Transport
- Industrial
- Power and Water
List of Tables
Table 1 Top Projects
Table 2 Biggest planned and un-awarded projects in Qatar
Table 3 Top Oil and Gas Sector Projects
Table 4 Biggest planned and un-awarded Oil and Gas projects in Qatar Due in Bidding Stage
Table 5 Biggest planned and un-awarded Oil and Gas projects in Qatar at Design, FEED or Study Stage
Table 6 Top Construction Sector Projects
Table 7 Biggest planned and un-awarded Construction projects in Qatar Due in Bidding Stage
Table 8 Biggest planned and un-awarded Construction projects in Qatar at Design, FEED or Study Stage
Table 9 Top Transport Sector Projects
Table 10 Biggest planned and un-awarded Transport projects in Qatar Due in Bidding Stage
Table 11 Biggest planned and un-awarded Transport projects in Qatar at Design, FEED or Study Stage
Table 12 Top Industrial Sector Projects
Table 13 Biggest planned and un-awarded Industrial projects in Qatar Due in Bidding Stage
Table 14 Biggest planned and un-awarded Industrial projects in Qatar at Design, FEED or Study Stage
Table 15 Top Power and Water Sector Projects
Table 16 Biggest planned and un-awarded Power and Water projects in Qatar Due in Bidding Stage
Table 17 Biggest planned and un-awarded Power and Water projects in Qatar at Design, FEED or Study Stage
List of Figures
Figure 1 Qatar country map
Figure 2 GDP by sector, 2020 (%)
Figure 3 Qatar Nominal GDP vs. GDP Growth, 2012-24
Figure 4 Qatar budget, 2012-22 (QR bn)
Figure 5 Gulf Projects Index Value of all projects in Qatar ($m)
Figure 6 Projects market by project status ($m)
Figure 7 Projects market by sector ($m)
Figure 8 Value of contract awards by year ($m)
Figure 9 Value of contract awards by year and sector ($m)
Figure 10 Value of contracts awarded in Qatar in July to December, 2012-21 ($m)
Figure 11 Number of Contracts Awarded 2012-21
Figure 12 Biggest clients in Qatar by value of contracts in execution ($m)
Figure 13 Biggest contractors in Qatar by contracts in execution ($m)
Figure 14 Projects planned but unawarded by status ($m)
Figure 15 Projects planned but unawarded by sector ($m)
Figure 16 Biggest clients in Qatar by value of contracts planned ($m)
Figure 17 Qatar contracts award forecast 2022-25 ($m)
Figure 18 Value of Oil and Gas contract awards by year ($m)
Figure 19 Oil and gas projects market by project status ($m)
Figure 20 Oil and gas projects market by subsector (%)
Figure 21 Value of Oil and Gas contract awards by year and subsector ($m)
Figure 22 Biggest Oil and Gas Sector clients in Qatar by value of contracts in execution ($m)
Figure 23 Biggest Oil and Gas Sector contractors in Qatar by contracts in execution ($m)
Figure 24 Oil and Gas Projects planned but unawarded by status ($m)
Figure 25 Oil and Gas Sector Projects planned but unawarded by subsector ($m)
Figure 26 Biggest Oil and Gas Sector Future Clients
Figure 27 Value of Construction contract awards by year ($m)
Figure 28 Construction projects market by project status ($m)
Figure 29 Construction projects market by subsector (%)
Figure 30 Value of Construction contract awards by year and subsector ($m)
Figure 31 Biggest Construction Sector clients in Qatar by value of contracts in execution ($m)
Figure 32 Biggest Construction Sector contractors in Qatar n by contracts in execution ($m)
Figure 33 Construction Projects planned but unawarded by status ($m)
Figure 34 Construction Sector Projects planned but unawarded by subsector ($m)
Figure 35 Biggest Construction Sector Future Clients
Figure 36 Value of Transport contract awards by year ($m)
Figure 37 Transport projects market by project status ($m)
Figure 38 Transport projects market by subsector (%)
Figure 39 Value of Transport contract awards by year and subsector ($m)
Figure 40 Biggest Transport Sector clients in Qatar by value of contracts in execution ($m)
Figure 41 Biggest Transport Sector contractors in Qatar by contracts in execution ($m)
Figure 42 Transport Projects planned but unawarded by status ($m)
Figure 43 Transport Sector Projects planned but unawarded by subsector ($m)
Figure 44 Biggest Transport Sector Future Clients
Figure 45 Value of Industrial contract awards by year ($m)
Figure 46 Industrial projects market by project status ($m)
Figure 47 Industrial projects market by subsector (%)
Figure 48 Value of Industrial contract awards by year and subsector ($m)
Figure 49 Biggest Industrial Sector clients in Qatar by value of contracts in execution ($m)
Figure 50 Biggest Industrial Sector contractors in Qatar by contracts in execution ($m)
Figure 51 Industrial Projects planned but unawarded by status ($m)
Figure 52 Industrial Sector Projects planned but unawarded by subsector ($m)
Figure 53 Biggest Industrial Sector Future Clients
Figure 54 Value of Power and Water contract awards by year ($m)
Figure 55 Power and Water projects market by project status ($m)
Figure 56 Power and Water projects market by subsector (%)
Figure 57 Value of Power and Water contract awards by year and subsector ($m)
Figure 58 Biggest Power and Water Sector clients in Qatar by value of contracts in execution ($m)
Figure 59 Biggest Power and Water Sector contractors in Qatar by contracts in execution ($m)
Figure 60 Power and Water Projects planned but unawarded by status ($m)
Figure 61 Power and Water Sector Projects planned but unawarded by subsector ($m)
Figure 62 Biggest Power and Water Sector Future Clients
