Middle East
Miraha Secures Largest Contract with QatarEnergy-Doha News
yamotoyuki17 mins ago
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The deal comes after the QatarEnergy company has signed contracts with five global companies for $ 28.75 billion for a megagas project.
The QatarEnergy Company signed a 1.4 billion Qatari riyal contract with Miraha on Monday to provide engineering and logistical support to local offshore oil and gas projects.
According to the Gulf countries News agency (QNA)The contract period with Qatar’s shipping and logistics services company is 5 years and may be renewed.
Mohammed Abdullah Swaydan, president and chief executive officer of Miraha, said the deal with QatarEnergy was the largest commercial transaction in the company’s history. Sweidan said the large deal will strengthen Miraha’s position as a reliable entity for Qatar’s major oil and gas projects.
Qatar’s navigation company is also one of the participants of QatarEnergy’s state-owned oil company Tawteen InitiativeAs part of the Qatar National Vision 2030, it aims to localize the supply chain of the energy sector.
In 2020, Miraha signed a Five-Year Memorandum of Understanding (MoU) with American oilfield services company Schlumberger Limited with the aim of helping build the project under the Tauteen initiative.
in the meantime, CNBC The deal was reported after the QatarEnergy company signed contracts with five global companies for the $ 28.75 billion Northfield East (NFE) project.
The company is included shell, Exxon Mobil, ConocoPhillips, Eni,andTotalEnergiesWas first announced.
NFE is one of two parts of the $ 28.75 billion Northfield LNG expansion project, which plans to increase Qatar’s production from 77 million tonnes to 110 million tonnes (MTPA) annually by 2025.
The second part is the North Field South (NFS) project, which will increase Qatar’s LNG production capacity from 110 to 126 MTPA by 2027.
QatarEnergy will begin investigating potential partners for the project in 2019, with production expected to begin by the end of 2025. Al-Kaabi said last month that the partnership would last for 27 years and did not disclose the total number of companies expected to sign. For NFE.
https://dohanews.co/milaha-secures-its-biggest-contract-with-qatarenergy/ Miraha Secures Largest Contract with QatarEnergy-Doha News
