QatarEnergy issues over $6 billion of contracts for offshore Al Shaheen field expansion

Jan. 31, 2024
QatarEnergy has awarded the four main EPCI contract packages for the next-phase development of the offshore Al-Shaheen Field.

Offshore staff

DOHA, QatarQatarEnergy has awarded the four main EPCI contract packages for the next-phase development of the offshore Al-Shaheen Field.

The total value is more than $6 billion.

The program is designed to increase production from Qatar’s largest oil field, located 80 km offshore, by about 100,000 bbl/d.

It is also the third phase of development since North Oil Co., the joint venture between QatarEnergy (70%) and TotalEnergies (30%), took on operation of the field in July 2017.

Project Ru’ya will develop more than 550 MMbbl over a five-year period, with startup anticipated in 2027. It will include drilling of more than 200 wells and installation of a new centralized process complex, nine remote wellhead platforms and associated pipelines.

McDermott Middle East and Qingdao McDermott Wuchuan Offshore Engineering will supply the nine wellhead platforms under a $2.1-billion contract.

McDermott Middle East Inc. and Hyundai Heavy Industries won the $1.9-billion EPC package for the central processing platform.

Larsen & Toubro is responsible for the riser platform ($1.3 billion), and China Offshore Oil Engineering is the EPC contractor for the subsea pipelines and cables ($900 million).

Al-Shaheen started production in 1994 and underwent subsequent further development to boost oil production to 300,000 bbl/d in 2007.

01.31.2024