Qatar Petroleum extends bid deadline on offshore oil project

13 June 2017

Qatar plans rare expansion of crude production with Bul Hanine field development

Qatar Petroleum (QP) has extended the deadline for engineering, procurement and construction (EPC) bids on its offshore Bul Hanine oil field redevelopment project.

The cut-off date for bids for the estimated $500m-600m Bul Hanine Redevelopment Phase 1B package has been extended to 2 July from a previous deadline of 11 June, according to information gathered by regional projects tracker MEED Projects.

At least six companies have been prequalified to bid for the package. They include:

  • China Offshore Oil Engineering Corporation (COOEC; China)
  • McDermott (US)
  • National Petroleum Construction Company (NPCC; UAE)
  • Saipem (Italy)
  • SapuraKencana (Malaysia)
  • Technip (France)

The Bul Hanine redevelopment project is expected to more than double the field’s current production rate from 40,000 to 95,000 barrels a day (b/d) and extend the life of the field by over 25 years.

 

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