Three companies were competing for the engineering, procurement and construction (EPC) contract, which will add 50,000 barrels a day of production capacity. The two other bidders were Abu Dhabi’s National Petroleum Construction Company and Jebel-Ali-based J Ray McDermott Middle East.
The 24-month contract will include supplying the processing platform and bridges and tie-ins to the existing Idd al-Shargi north dome (ISND).
The UK’s Genesis has prepared the front-end engineering and design (FEED) package.
OPQ is the operator of the ISSD and ISND fields under development and production sharing agreements with Qatar Petroleum (QP).
QP and OPQ signed in early November two agreements providing for further development of the two offshore fields. The agreements cover the full field development of ISSD and the phase 2 development of ISND.
Total capital investment costs are estimated at $778 million (MEED 15:11:02).