QatarEnergy has awarded four main engineering, procurement, construction, and installation (EPCI) contract packages, collectively valued at over $6bn, for the next development phase of the Al-Shaheen field located offshore Qatar.
The project’s aim is to ramp up production of the largest oil field in Qatar by nearly 100,000 barrels of oil per day (bpd).
Project Ru’ya, which is set to exploit over 550 million barrels of oil, will span a five-year period, with initial oil production anticipated in 2027.
The project encompasses the drilling of over 200 wells and the establishment of a new centralised process complex, along with nine remote wellhead platforms and associated pipelines.