Deal is part of third-phase upgrade of Occidental Petroleum’s Idd al-Shargi North Dome field
The UAE’s National Petroleum Construction Company (NPCC) has secured a $62m contract to upgrade pipelines at the offshore Idd al-Shargi North Dome oilfield in Qatar.
Occidental Petroleum of Qatar awarded the contract to NPCC at the end of February, a source close the deal tells MEED.
The contract is part of a third-phase of upgrades to Occidental’s infrastructure at the field. Occidental and NPCC declined to comment on the exact scope of the deal.
The Abu Dhabi-based firm beat bids from Jebel Ali-based J Ray McDermott and the US’ Global Offshore, according to sources close to the project.
The field is broken down into two reservoirs, Idd al-Shargi North Dome and Idd al-Shargi South Dome, and lies some 80 kilometres off the east coast of Qatar.
Occidental signed a 25-year production sharing agreement to develop the estimated 4 billion-barrel field in 1994, when it was producing 20,000 barrels a day (b/d) of oil. A second phase development aimed at increasing production to 127,000 b/d began in 2002. In order to boost production further, Occidental is now moving ahead with a third phase of development.
The programme includes three new platforms, processing facilities and upgrading the current pipelines, subsea lines and facilities.
You might also like...
A MEED Subscription...
Subscribe or upgrade your current MEED.com package to support your strategic planning with the MENA region’s best source of business information. Proceed to our online shop below to find out more about the features in each package.