Qatar’s Milaha has signed a ten-year contract with the North Oil Company (NOC) for the Milaha Al Shaheen, the country’s first jackup barge.
According to Milaha, the long-term contract with NOC is worth around QAR 792m ($217.5m) and shows the strategic importance of leveraging local assets.
The vessel is a self-elevating, self-propelled jackup barge featuring four legs with a leg length of 104m. It is considered a crucial advancement in Qatar’s offshore infrastructure, reinforcing its position in the oil and gas sector.
Equipped with a 300-tonne crane and accommodations for up to 304 persons on board, the barge is designed to support various offshore operations with the highest environmental sustainability standards.
“We are honoured to introduce the Milaha Al Shaheen as the first Qatari-flagged jackup barge under a long-term agreement with NOC. This also supports the Qatar National Vision 2030 by enhancing local expertise and resources,” said Fahad Saad Al-Qahtani, group CEO of Milaha.