South Korea’s Daewoo Shipbuilding & Marine Engineering (DSME) has secured a contract to deliver a fixed offshore production platform for Al-Shaheen field offshore Qatar.
The $635m (KRW725.3bn) contract has been awarded by North Oil Company (NOC), a joint venture between TotalEnergies and Qatar Petroleum.
The new fixed platform, which will comprise topsides, jacket, and an interconnection bridge with other facilities, is expected to boost crude oil production in the Al-Shaheen field.
DSME plans to complete construction on the platform by the second half of 2023.
Consisting of 33 platforms and more than 300 wells, the Al-Shaheen is the largest offshore oil field in Qatar.
The field, which started production in 1994, had a production capacity of 300,000 barrels of oil per day as of 2017.
NOC took over the operatorship of the Al-Shaheen offshore oilfield from Maersk Oil in 2017.
Last month, a joint venture (JV) of Saipem and DSME was awarded a contract by Brazil’s Petrobras for a new floating production storage and offloading (FPSO) in the Búzios offshore field.
The contract includes engineering, procurement, fabrication and integration of the topsides of the FPSO unit, named P-79.
Additionally, the JV will install the mooring systems, as well as undertake the hookup, commissioning and start-up work.
The P-79 FPSO will be the eighth unit to be installed at the Búzios field, which is expected to have a daily production capacity of more than two million barrels of oil equivalent per day by the end of this decade.