McDermott and Nakilat-Keppel Marine Enter 5-Year Agreement in Qatar
McDermott and Nakilat-Keppel Offshore Marine (N-KOM) agreed to an exclusive cooperation agreement for offshore engineering, procurement, construction, and installation (EPCI) projects within Qatari waters.
N-KOM is a joint venture between Qatar’s Nakilat and Keppel Offshore & Marine that provides ship repair and an offshore construction facility at the Erhama Bin Jaber Al Jalahma shipyard in Qatar.
McDermott will serve as prime contractor to customers, lead engineering with its teams based in Dubai and its global engineering center in Chennai, India, and lead procurement and installation with vessels mobilized from its global marine fleet. N-KOM will serve as subcontractor and perform fabrication from its Qatar facility.
Qatar is a key growth region for McDermott. Last March, the company was awarded a large project for a new jacket, temporary deck, and replacement umbilical by Qatar Petroleum for the North Field Alpha gas development offshore Qatar. The brownfield contract includes front-end engineering design verification, detailed EPCI and commissioning of a new six-legged, 15-slot wellhead jacket and temporary drill deck, with a total weight of about 5,000 tons. The work also includes the decommissioning, removal, replacement, and precommissioning of 2.6 miles of composite umbilical and a fiber-optic cable in the Maydan Mahzam field.
Over the past 20 years, the company has fabricated more than 80% of the North Field gas infrastructure. The installation of the jacket at the North Field Alpha complex was completed recently.
For Download: The EPC Engineering Sequence Workflow
The EPC engineering workflow is synopsized as a one-page view.
US Steel Tariff Exclusion Process Leaves Trail of Confusion
Operators are increasing capital budgets in the wake of tariffs and quotas initiated by the US government on steel imports, and the product exclusion process has revealed a host of other issues. If the tariffs are here to stay, what does industry hope to see moving forward?
Offshore Survey Shows Shift From Cost Cutting to Expanding Operations
An offshore survey identified a decrease in focusing on cost cutting and an increase in preparing to expand operations. With the oil prices above $60/bbl the impetus for negotiation for lower prices by companies and service providers appears to be waning.
Don't miss out on the latest technology delivered to your email every two weeks. Sign up for the OGF newsletter. If you are not logged in, you will receive a confirmation email that you will need to click on to confirm you want to receive the newsletter.
12 September 2018
29 August 2018
05 September 2018
13 September 2018