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:
North Oil Company also prioritises safety, sustainability, technological innovation and production efficiency.
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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QatarEnergy has confirmed the award of four EPCI packages for the next development phase at the local Al-Shaheen field.
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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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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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Oil flows from the Iraqi Kirkuk oilfield through infrastructure controlled by the Kurdistan Regional Government was temporarily halted on Thursday due to a security…
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The Iraqi Ministry of Oil requested Sonangol to resume work at the Qaiyarah and Najmah fields on Tuesday. According to the ministry, all but nine of the wells set on…
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Iraq’s Ministry of Oil on Tuesday said its North Oil Company had extinguished the fire at Qayyarah well 68, as fires continue to rage across the like-named…
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The Iraqi parliament has approved a USD 85 billion budget for 2017, lawmakers said on Wednesday. It assumes an oil prices of USD 42 per barrel.
On Thursday, WTI was…
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The Kurdistan Region of Iraq will launch a bidding round for its open acreage, Minister of Natural Resources Dr Ashti Hawrami told TOGY.
In an exclusive interview,…
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Iraq exported a record volume of crude during the month of November, the Ministry of Oil said on Thursday.
According to a statement, shipments averaged 4.051 million…
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Iraq and the Kurdistan Regional Government (KRG) have reportedly reached a deal on crude exports from Kirkuk, a Kurdish official was quoted as saying on…
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Iraq’s State Oil Marketing Organisation (SOMO) and the Kurdish Regional Government (KRG) plan to hold talks on Iraq pipeline oil exports through Kurdistan and Turkey…
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Oil prices were down in the early hours of Monday, as traders reacted to higher Chinese exports of refined products and the prospect of increased output from…
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