Aker Solutions Receives Design Contract for Maydan Mahzam Oil Field Redevelopment
Oil and Petrochemicals

Aker Solutions Receives Design Contract for Maydan Mahzam Oil Field Redevelopment

تصویر: تولید هوش مصنوعی

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Aker Solutions has received a detailed design contract for the redevelopment of the Maydan Mahzam oil field in the shores of Qatar from PTSC Mechanical and Construction (PTSC M&C). This contract, classified as a "significant" contract, is valued between 0.5 to 1.5 billion Norwegian kroner.

Contract Details

In this project, Aker Solutions will be responsible for the detailed design of several offshore facilities, which include three main components (topsides), four jackets, and connections to existing fields. The engineering teams of the company in Kuala Lumpur, Malaysia, and Mumbai, India, will be tasked with executing this project.

Maydan Mahzam Oil Field

The Maydan Mahzam oil field is located about 100 kilometers (62 miles) northeast of the shores of Qatar and 28 kilometers (17 miles) southeast of Halul Island, at a depth of approximately 40 meters (131 feet) of water. This field and its nearby oil field, Bul Hanine, were discovered in the 1960s, and Maydan Mahzam has been in operation since 1965. The operator of this field, QatarEnergy, has planned a major redevelopment to improve the field's condition and extend its life, selecting PTSC M&C for one of the key packages in this program.

Implications and Future Outlook

Guro Rausand, Executive Vice President of New Construction at Aker Solutions, stated: "This contract demonstrates the strength of our engineering organization and our long track record in executing complex offshore projects. Together, we will contribute to the successful execution of the Maydan Mahzam project." The contract is subject to final signing, and Aker Solutions expects to register this contract in the fourth quarter of 2026 in its renewables and field development sector.

This project is of particular importance due to its scale and implications for the oil and gas industry in Qatar, as well as its environmental and economic impacts. Given the increasing demand for sustainable and optimized energy, this redevelopment could serve as a model for future projects in this area.

Source: worldoil.com