Benoit Verdier, Qatar country manager of TechnipFMC, talks to TOGY about the company’s interest in Qatar’s upcoming mega-projects, investment in the country’s brownfields and why TechnipFMC tries to get involved in projects early on. EPC and technology firm TechnipFMC has three business segments: subsea, onshore and offshore, and surface projects.
Will attempts to expand brownfield crude production translate into results for engineering and construction companies?
TechnipFMC has been involved in several projects aiming at maintaining production of oil in Qatar, whether onshore in Dukhan or offshore in the North Field, Bul Hanine, Maydan Mahzam, the North and South Domes, or Al Khalij.
All fields in Qatar require brownfield investments, not only for oil production but also for gas, where we are also involved in the conceptual studies of the North Field Production Sustainability offshore project.
Our clients intended several investments for the development of ageing fields before the oil crisis, but in 2014 they were put on hold. Now, we see that such development is resuming at full speed because the deferred investment has led to a decrease in oil production at depleting fields.
To what extent is this market open to innovative technologies?
The market is very open to innovative technologies. Here in Qatar, our experience in designing minimum-facilities platforms coupled with our manufacturing capability for side-by-side Christmas trees has allowed us to propose lightweight platforms that are extremely fit for the shallow water of the Middle East market. The first platform is currently under fabrication.
Furthermore, we are proposing several technological solutions for unmanned platforms, reducing the number of offshore maintenance operations requiring offshore visits. We are also currently involved in an enhanced oil recovery project in Qatar, because we have executed many such projects in the Middle East and have developed a specific technological expertise in this domain.
More generally, our proprietary technologies are well known by our Qatari clients and are very much present here.
How can companies such as TechnipFMC help mitigate costs and avoid adjustments and cost changes during the execution phase?
Our great experience in delivering projects onshore and offshore worldwide, our involvement in the full lifecycle of projects from feasibility to EPC, as well as our exposure to innovative technologies, allows us to help our clients in their cost mitigation efforts.
Our access to all the technologies being developed by the wider TechnipFMC group and to our specialists are also advantages that we bring to our clients when discussing their developments. The earlier we are involved on projects, the better for our clients’ economics because we can influence the cost of a project more during the conceptual study phase than during the EPC phase. For this reason, we are always trying to be involved as early as possible on projects.
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