Middle East Regional Update – strong start to 2019
OPC has continued to see signs the energy industry is recovering from the latest downturn, securing multiple new contracts in the Middle East leading to a strong start to 2019. Here is a summary of the latest contracts and news from the region:
Qatar Petroleum (QP) has awarded OPC and its local partner CDC a five-year call off contract for the supply of subsurface engineers and geoscientists. The contract was awarded to the CDC-OPC Joint Venture following a competitive tender.
In addition to the QP contract OPC have also recently completed a contract with Dolphin Energy for the provision of a specialist petrophysics consultant, and more recently a contract with another Qatar operator to provide well services personnel on a call-off basis.
In the UAE, OPC has successfully delivered several projects in Q1 including;
- Technical due diligence / asset evaluation of multiple assets in Oman and Egypt on behalf of an international bank.
- Geosciences support for Dubai based clients’ international exploration portfolio, focussed on seismic interpretation and prospect evaluation.
- Provision of specialist technical consultants in the UAE to support the client’s assets in Iraq.
- Review and update of reservoir model and production engineering support for an offshore gas field on for a NOC.
In Kuwait OPC has delivered several specialist upstream training courses and workshops to attendees from Kuwait Petroleum Corporation. We have also expanded our training services to include more courses and have launched a new training catalogue on the back of demand from clients in the region.
The establishment of OPC’s regional office in UAE has certainly helped the development of business from the region. Riley Smith, General Manager of OPC MENA, is permanently located in the UAE and is available to discuss opportunities from companies throughout the region.