Middle Eastern oil and gas producer QatarEnergy has awarded engineering, procurement, construction and installation contracts worth $6bn for the next development phase of its Al-Shaheen oilfield, to boost production by about 100,000 bpd.
The award is part of the Ruya project, the third phase of Al-Shaheen’s development since North Oil Company, a joint venture between QatarEnergy and TotalEnergies, took over the field’s operation in July 2017.
The project, which will develop more than 550m barrels of oil, will be executed over five years, with first oil expected in 2027. It includes the drilling of more than 200 wells and the installation of a new centralised process complex, nine remote wellhead platforms, and associated pipelines.
The wellhead platform contract valued at about $2.1bn has gone to a consortium of McDermott Middle East and Qingdao McDermott Wuchuan Offshore Engineering. McDermott Middle East has also secured a $1.9bn deal for the central processing platform in consortium with South Korea’s Hyundai Heavy Industries.
Indian engineering conglomerate Larsen & Toubro has been confirmed for a $1.3bn riser platform package, while the subsea pipelines and cables project worth about $900m has been awarded to China Offshore Oil Engineering Co (COOEC).
Al-Shaheen is located in Qatari waters 80 km north of Ras Laffan with facilities consisting of over 30 platforms and more than 300 wells. It is Qatar’s largest offshore oilfield and delivers about half of the country’s oil production, estimated at 600,000 bpd.
