Page 12 - AsianOil Week 01 2023

AsianOil PROJECTS & COMPANIES AsianOil

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
The contract covers leum Development Co. (QPD) for the operation widely seen as the front-runner in the bidding
the operation of of the Al-Karkara and A-Structures oilfields. process for the award, having won the contract
the Al-Karkara and The new five-year arrangement came into effect for pre-FEED work in 2021 and its successful
A-Structures oilfields. 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. This is 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 of Qatar when the Qatari firm had failed to reach a
Marine crude flows alongside the Bul Hanine, mutually acceptable new agreement with the
Maydan Mahzam, ISND, ISSD and Al-Khalij long-standing incumbent, Denmark’s Maersk
assets. 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
commercial viability. Since then, they have pro- output from the complex field, located in the off-
duced a total of 33.5mn barrels of crude. shore Block 5.
Qatari Energy Minister and QatarEnergy Al-Shaheen field currently runs at around
CEO and Saad Sherida Al Kaabi said: “We are 600,000 bpd, accounting for more than a third
pleased to continue our partnership with Qatar of Qatari output. Output has roughly doubled
Petroleum Development Co. and to work since the entry of TotalEnergies thanks to two
together to continue the development and pro- expansion phases and now comprises around
duction of the Al-Karkara and A-Structures 300 wells, 33 platforms and various production
fields.” Meanwhile, a company press release centres which tie back to the mainland.
said that the fields are the first fields in country In 2021, NOC awarded more than $1bn
“to achieve zero gas flaring and reinjecting the worth of engineering, procurement and con-
excess sour gas underground”. struction (EPC) contracts for Gallaf Phase 2,
Doha has been working to expand oil pro- with South Korea’s Daewoo Shipbuilding &
duction alongside that of gas and in June, US Marine Engineering and Vietnam’s PetroViet-
engineer McDermott International was awarded nam Services Corp. (PTSC) picking up work to
an engineering contract by Qatar’s North Oil Co. build platforms.
(NOC) for the third phase development of off- The latter was awarded an EPC and installa-
shore Al-Shaheen oilfield. tion (EPCI) contract in late 2018 worth $300mn
The deal covers the front-end engineer- for wellhead platforms and bridges under the
ing and design (FEED) work on the Ruya first phase of Gallaf. ™

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