WorleyParsons Bags $90 Mln Job Offshore Qatar

May 13, 2013

Maersk Oil Qatar A/S (Maersk Oil) has awarded WorleyParsons Qatar WLL a four year “General Design Contract” to conduct engineering design modifications and material definition for works associated with the Al Shaheen offshore oil production facilities operated by Maersk Oil in Qatar. The Al Shaheen field is located in Block 5 offshore Qatar and is operated under a production sharing agreement on behalf of Qatar Petroleum.

WorleyParsons Qatar will provide brownfield design engineering services ranging from front-end engineering to detailed design, to yield enhanced operation, production, safety and efficiency improvements for the existing facilities; and if so defined by Maersk Oil, design services for additional production and/or operational facilities.

Under the “General Design Contract”, WorleyParsons Qatar will perform a significant volume of professional services man-hours with an estimated revenue of approximately USD$90 million.

The contract also provides a framework for the development of a mutually agreed set of key performance indicators, with an incentive scheme designed to promote and reward efficient performance and continuous improvement.

Commenting, WorleyParsons’ CEO Andrew Wood stated: “We are delighted Maersk Oil has selected WorleyParsons Qatar to be its partner for this programme. The breadth of scope of the services to be provided showcases the capability we have in our Improve offering to assist our clients in managing their assets.”

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Press Release, May 13, 2013