Qatar’s North Oil Company (NOC) has issued bid documents for multiple turnkey contracts worth at least $5 billion for work on the latest development phase of the Al Shaheen offshore oilfield.

Frederic Paux, chief executive of North Oil Company. Photo: NOC

Invitations to tender for up to four sizeable engineering, procurement, construction and installation packages were sent out by NOC recently to a clutch of international contracting giants, multiple people familiar with the bid process told Upstream.

Technical offers for these Ruya packages are likely to be submitted by the first half of 2023, while NOC is likely to take a final investment decision on the oilfield expansion project before the end of this year, one person noted.