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Wood Wins 5-Year Contract in Iraq

By John Lee.

Scottish-based Wood, the global consulting and engineering company, has announced that it has been awarded a five-year contract to deliver specialist engineering solutions at a major oilfield in Iraq.

The company did not specify which oilfield, or the value of the contract. It has previously won business at the West Qurna 1 field.

In a statement, Wood said it will improve day-to-day operations of the oilfield’s producing assets and supporting facilities, while continuing to invest in local talent development programmes and exploring opportunities to reduce greenhouse gas emissions.

The contract will be delivered by Wood’s in-country teams in Basra, supported by the company’s engineering office in Dubai.

(Source: Wood)

The post Wood Wins 5-Year Contract in Iraq first appeared on Iraq Business News.

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UK’s Proserv Wins Contract at Majnoon Oilfield

By John Lee.

UK-based global controls technology company Proserv Controls has secured a significant contract to manufacture and deliver 22 wellhead control panels (WHCP) to the Basra Oil Company (BOC) for use on the Majnoon Oil Field in southern Iraq.

The deal has been arranged through KBR, the Houston based engineering, procurement and construction management (EPCM) company, which is the EPCM lead on BOC’s plans to significantly ramp up production capabilities at the field.

The 22 WHCPs each has the capability of controlling up to four wells and they have been earmarked for use on 70 new wells which are currently in the development phase. At present, Majnoon has a capacity of just over 200,000 barrels per day (bpd) of production, but BOC’s strategy is to more than double this to above 400,000 bpd in the next two years.

Proserv will deliver the WHCPs in three lots, with the first due towards the end of Q3 2021, with the second scheduled for Q4 and the final tranche set to arrive in March 2022.

The firm will make use of its well-developed footprint in the Arabian Gulf to deliver this order, with the WHCPs being manufactured at Proserv’s dedicated site in Jebel Ali, Dubai.

The value of the contract has not been disclosed.

(Source: Proserv Controls)

The post UK’s Proserv Wins Contract at Majnoon Oilfield first appeared on Iraq Business News.

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Weir to Deliver OPITO-Accredited Quals in Iraq

Weir Oil and Gas Approved to Deliver OPITO – Accredited Qualifications in Iraq

Weir Oil & Gas has successfully achieved accreditation from OPITO, the global skills organization for the energy industry, to provide occupational training qualifications from the Weir Oil & Gas Centre of Manufacturing and Engineering Excellence in Southern Iraq.

Weir Oil & Gas is the first training provider in Iraq to receive approval to deliver OPITO-accredited SCQF Level 4 and 5 occupational training qualifications in Basic Maintenance Practices and Maintenance Practices for Instrument, Control, and Mechanical Operations. The local delivery of these training programs will help ensure the availability of an in-country, technically skilled, knowledgeable and safety-conscious workforce.

Over the past three years, Weir Oil & Gas has delivered more than 15,000 combined internal and external training hours, mostly to Iraqi personnel, encompassing classroom-based learning and on-the-job training.

With a constant presence in Iraq since 2014, Weir Oil & Gas has increased its local content through skills development and the structured training of local nationals, focusing on oil and gas services professionals.

The collaboration with OPITO aligns with Weir Oil & Gas’ vision to become a leading provider of oil and gas industry training and skills development in the Middle East, through enhancing the delivery of training to local nationals, and supporting skills development projects in Iraq and Oman for a portfolio of companies that includes major global oil companies.

Ronan Le Gloahec, President of Weir Oil & Gas Eastern Hemisphere, said, “Our partnership with OPITO will allow us to provide unparalleled local content and training for oil and gas personnel in Iraq, creating a solid and necessary foundation for companies operating in the region to flourish.”

Richard Roberts, Regional Vice-President, MEA of OPITO, said, “Iraq’s success as an oil and gas producer will, in part, be reliant on its ability to build a strong local talent pool through ensuring the availability of vocational technical skills in-country that are commensurate with international benchmarks. Our collaboration with Weir Oil & Gas is an important step forward in ensuring the delivery of accredited training programs in Iraq and the Middle East and will help safeguard the continued development of a competent energy sector workforce.”

(Source: Weir)

The post Weir to Deliver OPITO-Accredited Quals in Iraq first appeared on Iraq Business News.

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Caterpillar to take over Weir Oil and Gas

By John Lee.

Scottish engineering company Weir Group has announced the sale of its Oil & Gas division to US-based Caterpillar Inc.

The all-cash sale gives its Texas-based division an enterprise value of US$405m (£314m), subject to customary working capital and debt-like adjustments at closing.

The move is part of Weir’s strategy to become a “premium mining technology pure play“. 

Weir’s Iraqi operations are managed from North Rumaila, where it provides mechanical and rotating equipment repairs and upgrades, oilfield and drilling equipment repair and certification, asset management and field services.

(Source: Weir)

The post Caterpillar to take over Weir Oil and Gas first appeared on Iraq Business News.

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KCA Deutag Wins New Iraq Drilling Contracts

By John Lee.

UK-based drilling and engineering contractor KCA Deutag has announced that it has been awarded a one year contract for two rigs to carry out land drilling operations in Southern Iraq.

Its T-210 rig (pictured) will move from Oman to work along with the T-601, bringing the company’s total number of rigs in Southern Iraq up to three.

This new contract, along with deals for another three rigs in other territories, have a combined contract value of $48 million.

Commenting on these awards, Simon Drew President of Land said:

“These contract wins, which come in a tough environment in the wider oil industry, are very important to the Land Business Unit and KCA Deutag as a whole.  They have been won against intense competition and I would congratulate all our staff on delivering these contract successes.  We look forward to delivering value to our clients through exceptional well construction performance.”

(Source: KCA Deutag)