"Al Shaheen" News

QatarEnergy Awards $6B in EPCI contracts for Al-Shaheen Oil Field Expansion

Jan 31, 2024

QatarEnergy has awarded the four main Engineering, Procurement, Construction, and Installation (EPCI) contract packages related to the next development phase of the Al-Shaheen field, Qatar’s largest offshore oil field, to increase production by about 100…

McDermott Secures Two EPCIC Contracts for Ruya Development Project

Feb 01, 2024

McDermott has been awarded two contracts from North Oil Company (NOC) to deliver engineering, procurement, construction, installation and commissioning (EPCIC) for packages 11 and 13 of the Ruya Development Project, as part of the expansion of the Al-Shaheen field…

Qatar Energy Lifts June Al-Shaheen Term Price - Traders

Apr 14, 2023

Qatar Energy set the term price for cargoes of al-Shaheen oil loading in June at a higher level than for May, indicating stronger demand for crude for the summer amid tightening supply after producers agreed to cut output. Qatar set the price for June cargoes at a premium of about $2…

Report: Qatar Energy Sells Feb Al-Shaheen at 20-mth Low Premiums

Dec 16, 2022

Qatar Energy has sold five cargoes of al-Shaheen crude loading in February at premiums of between $1.30 and $1.50 a barrel to Dubai quotes via its monthly tender, two trade sources said on Friday.The premiums are the lowest since June 2021 and…

Qatar cuts al-Shaheen Crude Term Price for December - sources

Oct 19, 2022

Qatar Energy has reduced the term price for December-loading al-Shaheen crude oil to a premium of $4.19 a barrel above Dubai quotes after receiving lower bids in its tender, several trade sources said on Wednesday. This was down from a premium of $5…

International Seaways Sells Stake in Al Shaheen Oil Field FSOs to Euronav

Jun 08, 2022

Oil tanker operator International Seaways has sold its 50% stake in two floating storage and offshore (FSO) vessels, the FSO Asia and FSO Africa, to its joint venture partner Euronav NV. The purchase price values the two FSO vessels at $300 million in total…

Oil Plus Wins Produced Water Projects Off Qatar

May 27, 2022

UK-based oilfield solutions company Oil Plus has said it has secured two produced water-related projects in Qatar worth $450,000 in total. Oil Plus will deliver a Pre-FEED oil and water analysis for Qatar Energy, and a water injection study…

Ruya Project in Qatar: McDermott Wins One of Its Largest Ever Offshore FEED Deals

Jun 02, 2022

McDermott International has won a Front-End Engineering Design (FEED) contract by the Qatari North Oil Company (NOC) for the Ruya Development, previously referred to as Al-Shaheen Phase 3-Batch 1, located offshore Qatar. 'This award is one the…

Report: Qatar's Oct-loading al-Shaheen Crude Term Price Set at 2-month Low

Aug 18, 2021

Qatar Petroleum (QP) has set the term price for al-Shaheen crude cargoes loading in October at $2.62 a barrel above Dubai quotes, the lowest premium in two months, several trade sources said on Wednesday.The price was set after QP sold three cargoes via a tender at premiums ranging from $2 to $2…

South Korea's DSME to Build Offshore Platform for Al-Shaheen Field in Qatar

Jul 15, 2021

South Korea's Daewoo Shipbuilding & Marine Engineering (DSME) has won an order to build a fixed offshore platform for the Al-Shaheen oil field in Qatar.The order, worth around KRW 725.3 billion ($635,3 million) was made by the North Oil Company (NOC)…

Offshore Driller Vantage Posts Q2 Loss, but Wins Big in Qatar

Aug 13, 2021

Offshore drilling contractor Vantage drilling this week posted a net loss of $29 million in the second quarter of 2021, but its CEO was optimistic on the back of several important jack-up drilling rig contracts secured recently, especially in Qatar…

North Oil Company Books JDC Jack-Up Rig for Al-Shaheen Operations

Jun 16, 2021

Offshore drilling contractor Japan Drilling Co., Ltd. (JDC) has secured an offshore drilling contract with North Oil Company in Qatar.JDC will provide its jack-up drilling rig Hakuryu-10 over a three-year contract at Qatar's giant offshore oil field Al-Shaheen…

Valaris Tallies Jack-up Contract Off Qatar

Jun 22, 2021

Offshore drilling contractor Valaris said Tuesday that it had secured work for one of its jack-up drilling rigs off the coast of Qatar.The company said it was awarded a contract with North Oil Company, which will see the VALARIS JU-110 deployed…

Qatar: Heerema Installs Topsides at Al-Shaheen Gallaf 1 Project

Nov 10, 2020

Dutch offshore installation firm Heerema Marine Contractors has said that its heavy lift vessel Aegir has completed the installation of North Oil Company’s Al-Shaheen Gallaf 1 Project.Heerema was contracted for the transportation and installation…

Gallery: Heerema's Aegir Installs Module on Woodside's Pluto Alpha Platform

Dec 17, 2020

Dutch offshore installation services company Heerema Marine Contractors has, using its heavy lift vessel Aegir, transported and installed the 1650 metric ton water handling module for client TechnipFMC on the Woodside-operated Pluto Alpha offshore platform in Australia…

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