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Interserve riding the Qatari gas train

British firm banks $162 million of contracts for Nakilat and Barzan

Interserve riding the Qatari gas train
Interserve riding the Qatari gas train

Interserve, the international support services and construction group, has won projects in two developments in Qatar through its associate company, Gulf Contracting (GCC), worth an aggregate US$114 million. Both are at Ras Laffan, one for JGC and the other for Nakilat, and result from the country’s ongoing development of the huge natural gas reserves in the North Field, the world’s largest single deposit, located some 40 miles offshore.

JGC is building the gas-processing facilities for the major Barzan onshore project, which is managed by RasGas. GCC will construct office and administration buildings and associated infrastructure for JGC, and will provide temporary accommodation, in two projects worth approximately $97.6 million together.

The Barzan facility is being completed in three phases, the first of which is due to come on stream in 2014. It will process 1.4 billion cubic feet of gas a day which, together with the facility’s other petrochemical products, will be equivalent to a daily output of more than 300,000 barrels of oil.

For long-term client Nakilat GCC has been awarded work worth around $16.2 million as part of the continuing development of the dry docks and associated marine support infrastructure for Nakilat’s LNG tanker fleet. This will include sub-structure work and the construction of a substation, a production-support facility and storage. 

“These projects demonstrate that, for companies which have the necessary experience and local knowledge, Qatar continues to be at the forefront of growth in the Middle East,” said Adrian Ringrose, chief executive of Interserve.

“Barzan will be one of the country’s main developments over the coming years, and our involvement at this stage positions us well for future work. And this latest contract with Nakilat represents the continuation of a successful relationship that stretches over several years, and brings the total value of work we shall have undertaken on its behalf to over $162 million.”

 

Staff Writer

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