Page 9 - MEOG Week 01 2023

MEOG PROJECTS & COMPANIES MEOG

QatarEnergy extends Japanese

deal for asset operation

QATAR STATE-OWNED QatarEnergy last week development, previously known as Al-Shaheen
extended a contract with Japan’s Qatar Petro- Phase 3-Batch 1 or Gallaf 3.1. The company was
leum Development Co. (QPD) for the operation widely seen as the front-runner in the bidding
of the Al-Karkara and A-Structures oilfields. process for the award, having won the contract
The new five-year arrangement came into effect for pre-FEED work in 2021 and its successful
following the previous deal’s expiry earlier in completion.
December. McDermott said that the scope of the work
QPD is 75% owned by Cosmo Energy Explo- includes developing FEED studies and delivera-
ration & Production and 25% by trading firm bles for the engineering, procurement, construc-
Sojitz Corp. It has been involved in the develop- tion, installation and commissioning (EPCIC)
ment and operation of Qatari offshore oilfields project. s a 70:30 JV between state-owned
since 1997. QatarEnergy and France’s TotalEnergies.
Al-Karkara and A-Structure came into pro- The French super-major joined forces with
duction in March 2006 and contribute towards QatarEnergy on a 25-year deal in July 2017,
the roughly 245,000 barrels per day (bpd) of when the Qatari firm had failed to reach a
Qatar Marine crude flows alongside the Bul mutually acceptable new agreement with the
Hanine, Maydan Mahzam, ISND, ISSD and long-standing incumbent, Denmark’s Maersk
Al-Khalij assets. QATAR OIL FIELDS LOCATION MAP
Oil. The French company pledged investment
They had previously been considered as of $3.5bn over the first five years of the 25-year
non-commercial, prior to QPD proving their agreement to maintain and potentially increase
640000
620000
600000
660000
700000
480000
680000
520000
500000
460000 commercial viability. Since then, they have pro- output from the complex field, located in the off-
580000
560000
540000
duced a total of 33.5mn barrels of crude. shore Block 5.
Al-Shaheen field currently runs at around
Qatari energy minister and QatarEnergy
2980000 CEO and Saad Sherida Al Kaabi said: “We are 600,000 barrels per day (bpd), accounting for 2980000
pleased to continue our partnership with Qatar more than a third of Qatari output. Output has
2960000 Petroleum Development Co. and to work roughly doubled since the entry of TotalEner- 2960000
gies thanks to two expansion phases and now
together to continue the development and pro-
duction of the Al-Karkara and A-Structures comprises around 300 wells, 33 platforms and
I R A N
various production centres which tie back to the
2940000 fields.” Al-Rayyan Al-Shaheen 2940000
Meanwhile, a company press release said that mainland.
the fields are the first fields in country “to achieve In 2021, NOC awarded more than $1bn
2920000 zero gas flaring and reinjecting the excess sour worth of engineering, procurement and con- 2920000
gas underground”. struction (EPC) contracts for Gallaf Phase 2,
Doha has been working to expand oil pro- with South Korea’s Daewoo Shipbuilding &
2900000 duction alongside that of gas and in June, US Marine Engineering and Vietnam’s PetroViet- 2900000
engineer McDermott International was awarded nam Services Corp. (PTSC) picking up work to
an engineering contract by Qatar’s North Oil Co. build platforms.
2880000 BAHRAIN The latter was awarded an EPC & installation 2880000
(NOC) for the third phase development of off-
Al-Khalij
shore Al-Shaheen oilfield. (EPCI) contract in late 2018 worth $300mn for
wellhead platforms and bridges under the first
The deal covers the front-end engineer-
2860000 ing and design (FEED) work on the Ruya phase of Gallaf.™ 2860000
Najwat Najem
2840000 Maydan 2840000
Mahzam
Bul Hanine
2820000 Idd El-Shargi-ND 2820000
2800000 Idd El-Shargi-SD 2800000
Q A T A R
2780000 Dukhan Al-Karkara 2780000
A-Structure
El-Bunduq
2760000 2760000
2740000 2740000
2720000 U A E 2720000
Week 01 04•January•2023 www. NEWSBASE .com P9
0 10 20 30 40 50km
2700000 SAUDI ARABIA 2700000

460000 480000 500000 520000 540000 560000 580000 600000 620000 640000 660000 680000 700000