Offshore staff
HOUSTON — McDermott secured a major contract from Qatargas Operating Co. Ltd. to deliver engineering, procurement, construction and installation (EPCI) for the North Field Production Sustainability (NFPS) Offshore Fuel Gas Pipeline and Subsea Cables Project, COMP1.
The COMP1 project is part of the NFPS Offshore Compression Project involving the installation of new assets in Qatar's North Field, including compression complexes at seven locations to sustain gas supply to the existing LNG production trains into the future.
The scope of the contract includes the installation of 118 miles (190 km) of 32-inch diameter subsea pipelines, 11 miles (17 km) of subsea composite cables, 116 miles (186 km) of fiber-optic cables and six miles (10 km) of onshore pipelines. The project will be managed and engineered entirely from the McDermott Doha office with fabrication taking place at QFAB.
McDermott says the contract is valued at between $750 million and $1.5 billion.
The contract award follows the North Field Expansion Project (NFXP) contract awarded to McDermott in 2022, which is under execution and remains one of the largest contracts McDermott has been awarded in its company history.
Mike Sutherland, McDermott senior vice president, Offshore Middle East, said, "As we continue to progress the NFXP offshore contract awarded to us last year, we are helping the State of Qatar expand LNG production from 77 to 126 MTPA via the new LNG trains under construction."
07.14.2023