Milaha, the industry-leading provider of maritime and logistics solutions in Qatar, has secured a five-year contract worth $384 million (QR1.4 billion) from the state-owned petroleum company QatarEnergy to deliver Engineering, Procurement, Construction, and Installation (EPCI) services for offshore projects in the country.
Under the contract, Milaha will provide engineering, logistics, supply, and undersea construction work for offshore oil and gas projects in Qatar.
Eng. Mohammed Abdullah Sweidan, President and Acting CEO of Milaha, said that the contract represents the largest commercial transaction in Milaha’s history, noting that this achievement will enhance the company’s position as a reliable provider and partner of choice for major oil and gas field development projects in Qatar.
Eng. Sweidan further noted that “winning this contract confirms Milaha’s ability to provide value-added services to its partners in the field of engineering and construction under and above sea level while adhering to the highest standards of health and safety.”
Milaha is committed to working to achieve its strategy to continue developing its capabilities in serving major oil and gas projects in Qatar, especially with regard to inspection, repair, and maintenance operations.
The company noted that this will contribute to Qatar’s ‘Tawteen’ program to enhance the supply chain for the energy sector in the country.
Last month, QatarEnergy selected the Italian multinational oil and gas company Eni as a second partner in the North Field East (NFE) expansion project, the single largest project in the history of the LNG industry.