Gulf Oil and Gas accountACCOUNT

Qatar Petroleum Awards Contracts for 8 Drilling Rigs for the North Field Expansion Project

Source: www.gulfoilandgas.com 5/1/2019, Location: Middle East

Qatar Petroleum has awarded contracts for a total of eight offshore Jackup Drilling Rigs required for the North Field Expansion Project. The drilling rigs are planned to be mobilized and ready for drilling activities starting from January 2020.

Contracts for six of the eight rigs were awarded to Gulf Drilling International (GDI), while the contracts for the remaining two rigs were awarded to Northern Offshore Drilling Operations, operating out of the United States of America. The contracts are awarded for committed terms ranging from two to four years, with exercisable options to extend the drilling program durations if required.

The drilling program planned for the eight rigs is a major component of the expansion project to increase Qatar’s LNG production capacity from 77 MTPA to 110 MTPA. The scope includes the drilling and completion of 80 new wells from eight wellhead platform locations. Contract awards for jacket fabrication were already made earlier in April 2019.

Commenting on the announcement, His Excellency Mr. Saad Sherida Al-Kaabi, the Minister of State for Energy Affairs, the President & CEO of Qatar Petroleum, said: 'This award package is the latest in a series of steps in Qatar Petroleum’s plan to execute the North Field Expansion project. We are pleased to have our National Drilling company GDI take part in this important project.'

His Excellency Minister Al-Kaabi added: 'this award is another important milestone towards delivering on QP’s long term strategy of increasing Qatar’s LNG production capacity from 77 MTPA to 110 MTPA, which is progressing well and according to plan on all fronts.'

Qatargas is entrusted with executing this mega-project on behalf of Qatar Petroleum. As the World’s Premier LNG Company, Qatargas has a well-proven track record of delivering such major projects and in operating various onshore and offshore facilities in the North Field with world class reliability and operational excellence.



Rigs >>

Rigs News in Qatar >>

United Arab Emirates >>  10/9/2019 - Shelf Drilling has secured a three-year contract extension on the High Island VII jack-up rig in direct continuation of its current contract for drill...
United Arab Emirates >>  10/7/2019 - Shelf Drilling, Ltd. (Shelf Drilling) has secured a four-month extension for each of the High Island II, High Island IV, Main Pass I and Main Pass IV ...

Russia >>  10/2/2019 - KCA Deutag subsidiary Bentec, one of the world's leading manufacturers of drilling rigs and oilfield equipment, has signed a multi-million euro contra...
Australia >>  10/1/2019 - As operator for ATP 2021, Vintage Energy Ltd has signed a Letter of Intent with Schlumberger to use their SLR-185 rig to drill Vali-1, which is expect...

United States >>  10/1/2019 - Valaris plc (VAL) announced new contracts and contract extensions, with associated revenue backlog of approximately $245 million, awarded subsequent t...
United Kingdom >>  9/30/2019 - Neptune Energy and its joint venture partners BP and JAPEX today announced Valaris plc has been awarded a contract to provide a heavy-duty jack-up dri...

Related Categories: General  Rig Equipment  Rig Operators  Rigs, Coring & Exploration 

Related Articles: General  Rig Equipment  Rig Operators  Rigs, Coring & Exploration 


Qatar Oil & Gas 1 >>  2 | 3 | 4 | 5 | 6 | 7 | 8 |

Oil & Gas Projects in Qatar >>

More News

Related Links

Gulf Oil and Gas
Copyright © 2019 Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.