NEWS
Qatar - July 16, 2021
Daewoo Shipbuilding & Marine Engineering (DSME) has won a contract worth USD 630 million to supply a fixed platform to Qatar’s Al Shaheen oilfield, the company…
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North Oil Company
North Oil Company In Figures
Daily production: 300,000 bopd
North Oil Company operates the Al Shaheen oilfield located off the northeast coast of Qatar. The company was established as a joint venture between QatarEnergy and TotalEnergies in 2017. A major player in Qatar, it is responsible for 45% of the region’s oil production, equivalent to 300,000 bopd.
The Al Shaheen oilfield: Al Shaheen is located 80 kilometres northeast of Ras Laffan Industrial City and is Qatar’s largest oilfield. North Oil Company plans to maximise oil production in the Al Shaheen oilfield over the 25 years. The company has dozens of platforms and more than 430 wells already located in the field as of 2024. Moreover, the company continues to expand the field under its Gallaf Project, the second phase of the field’s development, and the Ruya project, the third phase of development.
North Oil Company aims to align itself with Qatar’s National Vision 2030 and become a leading offshore operator. Specifically, the company contributes to these aims in the following ways:
- Improving the Qatari standard of living
- Engaging in social practices that improve the overall wealth of the region and its people
- Developing the economy
- Protecting the environment
North Oil Company also prioritises safety, sustainability, technological innovation and production efficiency.
North Oil Company News and Interviews
NEWS
Iraq - August 01, 2024
BP has signed an MoU with the government of Iraq to develop oil and gas, power generation and solar in the Kirkuk region.
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NEWS
Qatar - January 31, 2024
QatarEnergy has confirmed the award of four EPCI packages for the next development phase at the local Al-Shaheen field.
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NEWS
Qatar - November 22, 2023
Larsen & Toubro has signed a contract worth between USD 1.2 billion and USD 1.8 billion for a project in the Middle East, the…
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Interview
Oman - April 27, 2023
Khalid Al Busaidi, CEO of Heavy Equipment Maintenance and Trading (HEMT), talks to The Energy Year about the company’s key…
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NEWS
Qatar - November 27, 2018
PetroVietnam Technical Services Corporation will work on the second phase of Qatar’s Al Shaheen oilfield, international media reported on Tuesday.
The value of the…
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NEWS
Iraq - May 08, 2018
BP has signed a deal for the development of disputed oilfields near the northern Iraqi city of Kirkuk with Iraqi NOC North Oil Company, international media reported on…
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NEWS
Angola - February 02, 2018
Angola’s Sonangol has restarted operations in Iraq after a nearly six-year hiatus due to violence in areas near the city of Mosul, the NOC announced on…
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NEWS
Kurdistan Region of Iraq - October 26, 2017
Iraq’s state-owned North Oil Company is co-operating with Kurdish firm KAR Group on resuming production at two major oilfields in the Kirkuk province, international…
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NEWS
Iraq - October 18, 2017
Iraq has called on BP to develop the Kirkuk oilfields, the country’s oil ministry said on Wednesday.
A statement from the Ministry of Oil said it has asked the…
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NEWS
Qatar - May 18, 2017
Total and Qatar Petroleum joint venture North Oil Company has awarded Ramboll the pre-FEED study for additional wellhead platforms in the Al Shaheen field, the…
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NEWS
Kurdistan Region of Iraq - April 12, 2017
The Kurdistan Regional Government’s Ministry of Natural Resources on Wednesday said that crude exports to Turkey’s Ceyhan had been resumed following a two-day…
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NEWS
Iraq - March 20, 2017
Iraq is working to re-establish the Iraq National Oil Company (INOC), Oil Minister Jabbar Al Luaibi confirmed on Monday.
In a statement on the ministry website, Al…
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