ABB Wins $26M Contract in Qatar
ABB's scope of supply includes systems for electrification, telecommunications, instrumentation, fire and gas, safety and navigational aids. The company will also support detail engineering design, yard fabrication and offshore commissioning.
"This project demonstrates our continuing partnership with leading oil and gas operators," said Veli-Matti Reinikkala, head of ABB's Process Automation division. "Our customers rely on ABB to help improve platform efficiency while lowering energy use and environmental impact."
ABB has more than 4,500 dedicated oil and gas engineers worldwide and a track record of more than 1,000 successful projects in this sector during the past 50 years. The Qatar platform projects will be completed through close cooperation between ABB units in Norway and Denmark, and the EPC contractor, Sime Darby Engineering, who will execute detail engineering design from its Malaysia facilities.
In late 2005, Maersk Oil Qatar and Qatar Petroleum agreed on a plan for further development of the Al Shaheen Field off Qatar. The field development plan calls for drilling of more than 160 production and water injection wells during a 6-year period, along with 19 new platforms interconnected by sub sea pipelines.
ABB system deliveries for the two current platforms will begin during the first quarter of 2008 and are scheduled to be completed in late 2008. The platforms will begin operations in late 2009. The order was booked in the first quarter.
ABB is a leader in power and automation technologies that enable utility and industry customers to improve performance while lowering environmental impact. The ABB Group of companies operates in around 100 countries and employs about 109,000 people.
- Blockchain Demands Attention in Oil and Gas
- Macquarie Sees USA Oil Production Exiting 2024 at 14MM Barrels Per Day
- CNPC Opens Sea-Land Oil Storage and Transport Facility in Bangladesh
- Oman Sees Increasing Ship-to-Ship Transfers of Russian Oil Bound for India
- US Govt Makes Record Investment of $6B for Industrial Decarbonization
- Eni, Fincantieri, RINA Ink Deal on Maritime Decarbonization
- Perenco Still Searching for Missing Person After Platform Incident
- Czech Utility CEZ Bucks Weaker Prices, Demand to Log Record Annual Profit
- Oil Falls as US Inventories Increase
- Ithaca Energy Studies Deal for Eni's UK Upstream Assets
- Equinor Makes Discovery in North Sea
- Standard Chartered Reiterates $94 Brent Call
- India Halts Russia Oil Supplies From Sanctioned Tanker Giant
- DOI Announces Proposal for Second GOM Offshore Wind Auction
- Centcom, Dryad Outline Recent Moves Around Red Sea Region
- PetroChina Set to Receive Venezuelan Oil
- Czech Conglomerate to Buy Major Stake in Gasnet for $917MM
- US DOE Offers $44MM in Funding to Boost Clean Power Distribution
- Oil Settles Lower as Stronger Dollar Offsets Tighter Market
- UK Grid Operator Receives Aid to Advance Rural Decarbonization
- Chinese Mega Company Makes Major Oilfield Discovery
- VIDEO: Missile Attack Kills Crew Transiting Gulf of Aden
- Norway Regulator Blasts Proposal to Halt New Oil and Gas Permits
- Chinese Mega Company Makes Another Major Oilfield Discovery
- What Is the Biggest Risk to Offshore Oil and Gas Personnel in 2024?
- Vessel Sinks in Red Sea After Missile Strike
- Exxon Rights in Stabroek Do Not Apply to Hess Merger with Chevron: Hess
- Analysts Reveal Latest Oil Price Outlook Following OPEC+ Cut Extension
- Equinor Makes Discovery in North Sea
- Standard Chartered Reiterates $94 Brent Call