11Business

*Sources: DMS ProjectsEP: Engineering & Procurement

COMPANY NEWS

December 5 - 11, 2016

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PROJECT WATCH – QATAR *PROJECT FACILITY BUDGET ($M) STATUS

Qatar Petroleum - Al Shaheen Offshore Field Development Plan Oil & Gas Field 500 Construction

Qatar Petroleum (QP) - Air Compressor Replacement at Mesaieed Refinery Gas Processing 50 Construction

Qatar Petroleum (QP) - EPS Qatar - Expandable Polystyrene (EPS) Plant Polystyrene 500, Engineering & Procurement

Qatar Petroleum (QP) - Hamad International Airport Jet A1 Fuel Pipeline Jet Fuel Pipeline 300 Engineering & Procurement

Qatar Petroleum (QP) - NFA complex - New NFA Wellhead Platform WHP-3 Offshore Platform 200 Engineering & Procurement

RasGas - Helium 3 Production Plant Helium 600 Engineering & Procurement

RasGas - Qatar Barzan Gas Field Development Project - Offshore - Phase 2 Gas Field Development 700 Engineering & Procurement

RasGas - Qatar Barzan Gas Field Development Project - Offshore - Phase 3 Gas Field Development 300 Engineering & Procurement

RasGas - Qatar Barzan Gas Field Development Project (Overview) Gas Field Development 10,300 Construction

Shell - Pearl GTL Scheme - Onshore & Offshore Facilities Natural Gas Liquefaction 20,000 Construction

SANDVIK is set to open a new distribution centre in Singapore to meet increasing demand for its advanced stainless steel and special al-loy products, particularly in South East Asia and the wider Asia-Pacific (APAC) region.

The new Sandvik distribution centre, which is strategically located ad-jacent to Changi Airport, East Singapore, is key to the company’s cus-tomer service commitment as well as its expansion plans in the region.

“To improve our customer service in the Asia region, we are estab-lishing a distribution centre in Singapore offering significantly shorter lead-times to the market. Opening the new facility means we are able to bring our products closer to our customers, cutting response times significantly and enabling quicker deliveries,” explained Pär Burefjord, Logistics Manager for Sandvik in APAC.

“Our aim is to be able to offer 24 hour delivery to all APAC mar-kets including India, China and Australia by air and three-to-ten days by vessel.”

Sandvik already operates two distribution centres in Singapore for its mining and machining products, but will now open a third for tube, strip, wire, welding products and heating systems.

“With an expanded and consolidated stock profile and automat-ed stock replenishment, we can provide customers with an even greater service,” said Pär Burefjord. “By taking full advantage of our local material stocks and more efficient logistics, customers could actually reduce their own stock profiles, freeing up valuable manufacturing space.”

The new distribution centre, which officially opened on November 29, boasts an impressive capacity and will accommodate tube products such as seamless high temperature tubes and furnace tubes, as well as stainless steel hollow bar for component manufacturers. The centre will also stock an extensive programme of welding consumables, precision wire and Kanthal resistance wire and furnace products.

Sandvik to open in Singapore

Name of slient : QP – Qatar Petroleum Budget : $500 millionFacility Type : Oil & Gas FieldSector : OilStatus : ConstructionLocation : QatarFeed : WorleyParsonsPMC : ExxonMobil Corporation, Total, Shell, ConocoPhillips and Maersk OilMain contractor : Total and Maersk OilBackground

Al Shaheen field is located in block 5 offshore north-ern Qatar and is operated under a production sharing agreement on behalf of Qatar Petroleum. The oilfield concession is currently under open bidding as of Q2 2015. Project status

November 2016: Total plans to commence work on the Al Shaheen concession by July 14 2017. Project scope

Scope of work comprise:• Drilling of some 40 new production wells• 20 new water injection wells

• Conversion of 14 existing wells to water injection• Construction and installation of new production plat-forms, interconnected with pipelines,• Facilities for gas compression• A gas export pipeline to Qatar Petroleum’s North Field Alpha platform, offshore Qatar• A number of appraisal wells will be drilled to evalu-ate possible further production potential.Project finance

This project client is Qatar Petroleum, who has oper-ated the field jointly with Maersk Oil since 1992. The current agreement for Maersk Oil expires in mid-2017 and the field development is under advisement for open tender of new concession holder since Q2 2015.Stake Holders:Qatar Petroleum – 70 per centTotal – 30 per centProject schedule Feasibility Study Q1-2014Feed Q2-2014EPC ITB Q2-2015Engineering & Procurement Q3-2015Construction Q4-2015Completion Q3-2017

QP – Al Shaheen Offshore Field Development

Al Shaheen ... field being developed

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