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MENAFN Press - 19/01/2014

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(MENAFN Press) Qatar Petroleum (QP) and Maersk Oil have partnered to publish a series of new technical papers and presentations for the 7th International Petroleum Technology Conference (IPTC) taking place in Doha this week. The 14 co-authored submissions highlight a range of technical learning and experience gained through more than 20 years of successfully developing Qatar's Al Shaheen field.

The technical papers provide insights into the experience and application of innovative technologies that have enabled the transformation of Al Shaheen, from what was considered a marginal and unattractive field, into Qatar's largest offshore oil producer.

Saad Sherida Al-Kaabi, QP's Director of Oil and Gas Ventures and Co-Chairman of the IPTC 2014 Executive Committee, said: "Qatar Petroleum and Maersk Oil have built and shared knowledge since the early 1990s and together we now produce over one-third of Qatar's daily oil production. The IPTC offers a global platform for us to share our expertise with the broader industry, and to show how even complex fields like Al Shaheen can be developed by leveraging knowledge and experience, working together and applying the right technologies and development plans."

The QP and Maersk Oil technical papers provide a snapshot of some of the breakthroughs in seismic studies, horizontal drilling and 3D scanning technology that are helping to enhance their understanding of the Al Shaheen field. In total, Maersk Oil will be presenting 18 technical papers at the IPTC, several of which focus on the ground-breaking applied research being conducted at the Maersk Oil Research and Technology Centre (MO-RTC) in Doha, Qatar.


Jakob Thomasen, Maersk Oil's Chief Executive Officer, said: "Qatar Petroleum's expertise has been crucial in the successful development of the Al Shaheen, so I am delighted that QP and Maersk Oil experts have co-authored these papers. By working closely together with QP for the past twenty years, Maersk Oil has become specialists in Al Shaheen, developing a unique understanding of its reservoirs and how to responsibly maximise long-term oil recovery. Technology will be just as important in the future as it has been in the past and we look forward to discovering, developing and applying more technologies with our partner QP."

Maersk Oil is a Principal Sponsor of IPTC 2014 and a Titanium Sponsor of the event's Young Members Activity programme which seeks to encourage young people into employment in the energy industry.

Maersk Oil's stand at A21 in the Qatar National Convention Centre will offer visitors the chance to see how the company is using 3D scanning and printing technology to replicate and better understand reservoir rocks. Delegates will also be able to put their strategy skills to the test playing 'Quest for Oil', a real-time computer game that offers a glimpse into what oil and gas exploration and challenges are really like.

Throughout IPTC, a series of presentations will also be made by Maersk Oil during the conference sessions and on the exhibition stand, and these will provide insights into the fascinating and innovative technologies that are driving the development of the Al Shaheen field.


About Maersk Oil
Maersk Oil is an international oil and gas company with operated production of about 600,000 barrels of oil equivalent per day from Denmark, the UK, Qatar, Kazakhstan, Brazil and Algeria. Exploration activities are on-going in Angola, Norway, the US Gulf of Mexico, Greenland, Iraqi Kurdistan and in the producing countries. Turning marginal and challenging fields into commercial successes has been the cornerstone of Maersk Oil's business since 1962. Maersk Oil focuses on pioneering technologies and harnessing talent to continue to operate safely and successfully, creating value for partners and host governments. Maersk Oil is a fully-owned subsidiary of the global conglomerate, the A.P. Moller “ Maersk Group. For more information about Maersk Oil, please visit the website at www.maerskoil.com.About Maersk Oil QatarIn partnership with Qatar Petroleum, Maersk Oil Qatar operates one of the world's most complex fields, offshore at Al Shaheen. It produces a third of Qatar's oil. Turning marginal and challenging fields into successes has been the cornerstone of Maersk Oil's growth since it began in 1962. This is particularly true in Qatar, where Maersk Oil took over the Al Shaheen field in the early 1990s at a time when others walked away. Maersk Oil has now recovered in excess of one billion barrels of oil from the field, which currently produces around 300,000 barrels of oil per day. Success has come from Maersk Oil's experience, expertise and close relationships.

 






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