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KOC - Jurassic Gas Field Development: Phase II - Kuwait - Project Profile

Synopsis
"KOC - Jurassic Gas Field Development: Phase II - Kuwait - Project Profile" contains information on the scope of the project including project overview and location. The profile also details project ownership and funding, gives a full project description, as well as information on contracts, tendering and key project contacts.

The "KOC - Jurassic Gas Field Development: Phase II - Kuwait - Project Profile" is part of Timetric's database of 82,000+ construction projects. Our database includes a 10+ year archive of completed projects, full coverage of all global projects with a value greater than $25 million and key contact details for project managers, owners, consultants, contractors and bidders.

Summary
Kuwait Oil Company (KOC) is undertaking the development of second phase of Jurassic gas field in Kuwait.

The project involves the development of an oil field with a production capacity of 350,000 barrels of oil per day (bpd).

It includes fabrication work, the construction of a shipyard, topsides, substructure work, a storage yard, a chimney and a feed tank, and the installation of safety and security systems, and the laying of pipelines.

Flour Daniels has been appointed as the design consultant.

In September 2014, Shell, BP, Total, ExxonMobil and Chevron were shortlisted for a five-year consultancy contract. KOC is expected to issue a tender for consultancy contract in early 2016.

In August 2015, KOC issued tender to the 16 pre-qualified contractors namely ABB Group, AlKhorayef Group, China Petroleum Engineering & Construction Corporation, Consolidated Contractors Company, Daewoo Engineering & Construction Co., Ltd., Gulf Drilling & Maintenance Co, GS Engineering & Construction Corporation, JGC Corporation, Al-Rashed Group/ Processes Unlimited International Inc., Saipem S.p.A., Samsung Engineering Co., Ltd, Schlumberger Oilfield Services, SK E&S Co., Ltd., SNC Lavalin International Inc., Tecnicas Reunidas, S.A., Technip Germany GmbH The deadline to submit bids is October 27, 2015.

The contract covers development of the Jurassic reservoirs of the onshore East Raudhatain, West Raudhatain, West Sabriya and Umm Niqa fields in the northeast.

The work is divided into three packages each aimed at producing 40,000bpd and costing an estimated combined total of US$1,170 million.

In January 2016, Schlumberger was awarded a US$480 million contract to develop the Sabriyah and Umm Niqa fields.

Black & Veatch has been awarded as the contract for the licensing technology and related services for sulphur recovery units (SRU) and Acid Gas Removal Units (AGRU). It also involves from front-end engineering design to operation and maintenance support.

In December 2016, Schlumberger Ltd and Spetco International Petroleum Co was awarded a US$758 million contract to develop the East Raudhatain fields.

PETROCIL Engineers & Consultants has been appointed to undertake Front End Engineering and Design (FEED) works.

Pre-construction activities on the East Raudhatain, sabriyah and Umm Niqa are underway.

Tenders on the West Raudhatain fields is expected to issue in 2018.

Scope
The project involves the development of Jurassic gas field with a production capacity of 350,000bpd in Kuwait.

The US$4,000 million project includes the following:

1. Construction of a shipyard

2. Construction of topsides

3. Construction of a substructure work

4. Construction of a storage yard

5. Construction of a chimney

6. Construction of a feed tank

7. Installation of safety and security systems

8. Laying of pipelines

Reasons To Buy
• Gain insight into the project.

• Monitor the latest project developments.

• Identify key project contacts.

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KOC - Jurassic Gas Field Development: Phase II - Kuwait - Project Profile
Published By :Timetric
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