McDermott said Feb. 1 it won two engineering, procurement, construction, installation and commissioning (EPCIC) contracts from North Oil Co. (NOC) for the Ruya Development offshore Qatar.
The Ruya project includes the addition of platforms and debottlenecking pipelines and is part of the expansion of the Al-Shaheen field, Qatar's largest oil field. NOC, a joint venture of QatarEnergy and TotalEnergies, operates the field.
The first contract is valued at more than $1.5 billion, and it was awarded to a consortium of McDermott and Qingdao McDermott Wuchuan. Scope includes installing nine satellite wellhead platforms and jackets in two offshore campaigns.
The second contract is valued at between $500 million and $750 million and was awarded to a consortium of McDermott and Hyundai Heavy Industries for one 25,000 metric ton central processing platform, flare platform and bridges.
Mike Sutherland, McDermott's senior vice president for offshore Middle East, said in a press release the awards build on McDermott’s front-end engineering design (FEED) project, which it completed in just over 12 months.
Neil Gunnion, McDermott’s Qatar country manager and vice president for operations, said in a press release, “We have been on this journey with NOC since our Doha operating center started the pre-FEED in 2021.”
Recommended Reading
CNOOC Makes 100 MMton Oilfield Discovery in Bohai Sea
2024-03-18 - CNOOC said the Qinhuangdao 27-3 oilfield has been tested to produce approximately 742 bbl/d of oil from a single well.
CNOOC Finds Light Crude at Kaiping South Field
2024-03-07 - The deepwater Kaiping South Field in the South China Sea holds at least 100 MMtons of oil equivalent.
Orange Basin Serves Up More Light Oil
2024-03-15 - Galp’s Mopane-2X exploration well offshore Namibia found a significant column of hydrocarbons, and the operator is assessing commerciality of the discovery.
Sinopec Brings West Sichuan Gas Field Onstream
2024-03-14 - The 100 Bcm sour gas onshore field, West Sichuan Gas Field, is expected to produce 2 Bcm per year.
E&P Highlights: March 11, 2024
2024-03-11 - Here’s a roundup of the latest E&P headlines, including a new bid round offshore Bangladesh and new contract awards.