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CHAPTER TWO
Developments of Energy Resourrces
In
Qatar
, and pursuant to its efforts to tap the country’s natural
resources and enhance the hydrocarbon reserves, Qatar Petroleum
and Total, have extended their EPSA by 25 years to further develop
the offshore Al Khalij Oil Field. The two companies signed an
exploration and production sharing agreement in 1989 to develop
the oil field which is located 130 km to the east of Qatari coast, the
agreement will expire in early 2014. The field was discovered by
Total in 1991 and started oil production in 1997. As per the terms
of the extended agreement, Qatar Petroleum will own 60% interest
in the Al Khalij Oil Field, whereas Total will hold the 40% interest,
until the expiry of the EPSA
i
.
In
Kuwait
, Technip was awarded a contract by Kuwait Gulf Oil
Company (KGOC), for the engineering, procurement, construction
and commissioning assistance of KGOC gas and condensate
export system project
ii
. The project extends over onshore and
offshore locations in Saudi Arabia and Kuwait. The objective of
the project is to deliver a combination of lean gas, condensate and
sour gas through a single 12 inch export pipeline from Al Khafji
Joint Operations (KJO) facilities in Saudi Arabia to Kuwait Oil
Company (KOC) tie- in facility, namely the Intermediate Slug
Catcher being constructed near Al-Ahmadi. The facilities will
also assist KPC/ KJO in achieving one of their primary targets of
1% flaring by reducing the gas flared and additionally monetize
valuable hydrocarbon resources. Total export pipeline length
is 110 km, with 4 km onshore in Saudi Arabia, followed by 47
km offshore and 59 km onshore in Kuwait. That project will be
completed in the second half of 2014.
i
Oil Review Middle East, 14/11/2012
ii
Oil Voice, 14/2/2012
