Al Shaheen ... massive development taking place

Name of client: QP – Qatar Petroleum
Budget:   $500 million
Facility type: Oil & Gas Field
Sector:  Oil
Status:  Construction
Location: Qatar
Feed:  WorleyParsons
PMC:  ExxonMobil Corporation, Total,    Shell, Conoco-Phillips, Maersk Oil
Main contractor: Total, Maersk Oil

 

Background
Al Shaheen field is located in block 5 offshore northern Qatar and is operated under a production sharing agreement on behalf of Qatar Petroleum. The oilfield concession is currently under open bidding as of Q2 2015.

Project status
September 2016: Leading up to the expiry of the existing production-sharing agreement, Maersk Oil will be working together with QP to support a smooth transition of the existing operations to Total.

Project scope
Scope of the work comprises:
• Drilling of some 40 new production wells;
• 20 new water injection wells;
• Conversion of 14 existing wells to water injection;
• Construction and installation of new production platforms, interconnected with pipelines;
• Facilities for gas compression;
• A gas export pipeline to Qatar Petroleum’s North Field Alpha platform, offshore Qatar; and
• A number of appraisal wells will be drilled to evaluate possible further production potential.

Project finance
This project client is Qatar Petroleum, who has operated the field jointly with Maersk Oil since 1992. The current agreement for Maersk Oil expires in mid-2017 and the field development is under advisement for open tender of new concession holder since Q2 2015.

Project schedule
Feasibility Study   Q1-2014
Feed    Q2-2014
EPC ITB    Q2-2015
Engineering & Procurement  Q3-2015
Construction   Q4-2015
Completion   Q3-2017