Thales has been awarded a contract to provide an Integrated Security System (ISS) for the West Qurna-2 oil field development located 65 km northwest of Basra in Southern Iraq. This contract has been signed with LUKOIL Mid-East Ltd, a subsidiary of the Russian oil company LUKOIL.
Thales will design and deploy the Integrated Security System over the security perimeter surrounding the West Qurna-2 area, protecting LUKOIL Mid-East personnel and assets, including well pads, central processing facilities, gas treatment facilities, produced water treatment, all related offsites and utilities, storage tanks and living camps.
Thales´s Integrated Security System will include a number of innovative technical solutions as well as a command & control centre to assure supervision and control of day-to-day security operations and comprehensive protection from operational incidents and threats.
Thales is also part of the international consortium that was awarded another contract by LUKOIL Mid-East Ltd at the end of 2013 for spare parts supply and maintenance assistance at the existing and future security installations of LUKOIL´s West Qurna-2 oil field development.
“These two contracts are important milestones because they are Thales’s first deals with LUKOIL, Russia’s largest privately owned oil business group and a major international, vertically integrated oil & gas company. In addition, these awards continue to confirm that Iraq is an important geographical market for Thales.” Dominique Gaiardo, Vice President Protection Systems, Thales
- West Qurna-2 is the second-largest undeveloped oil field in the world, holding 14 billion barrels of recoverable oil reserves.
- These two contracts are worth approximately US$40m.
- Thales is presently executing security projects for oil & gas operators in countries worldwide, including Bolivia, Turkey, the United Arab Emirates, the Kingdom of Saudi Arabia and Algeria.
For more information about related Opportunities and Key Players visit Iraq Oil and Gas Projects