In 2021, PALFINGER MARINE was commissioned with the fabrication and maintenance (F&M) of one of the world’s largest oil fields, the Al-Shaheen in Qatar. The contract has recently been extended for two more years and will further expand the company’s market presence in the Arab economic area.
More than 100 million barrels of crude oil per year, 33 platforms, and 20 pipelines make Al-Shaheen on the north coast of Qatar one of the largest and highest yield oil fields in the world. The field, which will be operated until 2042, is located 80 kilometers north of Doha in the Arabian Gulf and covers 45 percent of Qatar’s total production volume. Offshore conditions and ongoing operations necessitate intensive and thorough maintenance of the oil platforms – which is where PALFINGER MARINE comes into play.
Rope Technology Pioneer Part of PALFINGER
As part of the F&M contract in Qatar, PALFINGER is offering an essential service for the industry: rope access. Following the acquisition of the industrial service specialist, Megarme, in 2019, PALFINGER has expanded its service portfolio and has over 300 employees at the Dubai (UAE) and Qatar sites. “With the help of our expertise in rope access, PALFINGER reaches unprecedented heights and repeatedly creates successful synergies thanks to strategic acquisitions. This contract shows the capability of PALFINGER to deliver high volume contracts safely, efficiently and serves as important proof of our strong presence in the Middle East,” emphasizes Gunther Fleck, Vice President Sales & Service Region Marine at PALFINGER.
The Largest Order of its Kind
This F&M project is the largest service contract for PALFINGER MARINE since 2019. The F&M services provided to the offshore platforms include preparation for inspecting pipes and metalwork on the oil platform, as well as repairing components subject to corrosion and repainting them. Large teams in excess of about 150 technicians will ensure a successful completion of this project.
The international mechanical engineering company PALFINGER is the world's leading provider of innovative crane and lifting solutions. As a global partner for pioneering and reliable deck equipment and lifesaving appliances, PALFINGER MARINE supplies high-quality products to fulfill standardized and customized demands. Supported worldwide by a network of experienced and skilled specialists, we provide flexible and efficient service solutions. Our portfolio gives a competitive edge for customers in the maritime and offshore industry.
ABOUT PALFINGER AG
PALFINGER is an international technology and mechanical engineering company and the world's leading producer and provider of innovative crane and lifting solutions. With around 12,700 employees (without contingent workers.), more than 30 manufacturing sites and a worldwide sales and service network of around 5,000 service points, PALFINGER creates added value from the challenges of its customers. PALFINGER is consistently continuing on its course as a provider of innovative, complete solutions that deliver increased efficiency and better operability, while leveraging the potential of digitalization along the entire production and value chain.
PALFINGER AG has been listed on the Vienna stock exchange since 1999, and in 2022 achieved record revenue of EUR 2.23 billion.