Learn more about Hart Energy Conferences
Get our latest conference schedules, updates and insights straight to your inbox.
The Ruya project includes the addition of platforms and debottlenecking pipelines and is part of the expansion of the Al-Shaheen field, Qatar's largest oil field. NOC, a joint venture of QatarEnergy and TotalEnergies, operates the field.
The first contract is valued at more than $1.5 billion, and it was awarded to a consortium of McDermott and Qingdao McDermott Wuchuan. Scope includes installing nine satellite wellhead platforms and jackets in two offshore campaigns.
The second contract is valued at between $500 million and $750 million and was awarded to a consortium of McDermott and Hyundai Heavy Industries for one 25,000 metric ton central processing platform, flare platform and bridges.
Mike Sutherland, McDermott's senior vice president for offshore Middle East, said in a press release the awards build on McDermott’s front-end engineering design (FEED) project, which it completed in just over 12 months.
Neil Gunnion, McDermott’s Qatar country manager and vice president for operations, said in a press release, “We have been on this journey with NOC since our Doha operating center started the pre-FEED in 2021.”
2024-02-22 - Enterprise bought Western’s 20% interest in Whitethorn and Western’s 25% interest in two NGL fractionators located in Mont Belvieu, Texas.
2024-02-22 - Stonepeak will acquire a 50% interest in Dominion Energy’s offshore wind project, which is expected to be the largest offshore wind farm in the U.S.
2024-02-22 - After multiple M&A moves in 2023 and continued E&P adherence to capital discipline, Permian Basin service company ProPetro sees the play holding steady.
2024-02-22 - Chord Energy said Feb. 21 it will acquire Enerplus Corp. for nearly $4 billion in a stock-and-cash deal to potentially create the largest producer in the Williston Basin.
2023-12-19 - EnerQuest Oil & Gas LLC has retained EnergyNet for the sale of a Logan 1 Federal plus SWD (100% GWI with operations) in Summit County, Utah.