OSLO – November 05, 2026 -- Aker Solutions has received a letter of award from PTSC Mechanical and Construction Limited Company (PTSC M&C) for a sizeable detail design contract on the Maydan Mahzam oil field redevelopment offshore Qatar. The company defines a sizeable contract as one valued between NOK 0.5 billion and NOK 1.5 billion.
Aker Solutions will design three topsides, four jackets and a brownfield tie-in
The scope covers detail design for several offshore installations within PTSC M&C's package: three major topsides, four jackets and brownfield tie-in work. Aker Solutions' engineering teams in Kuala Lumpur, Malaysia, and Mumbai, India, will execute the work.
QatarEnergy is upgrading a field that has produced since 1965
Maydan Mahzam lies about 100 km northeast of the Qatari coastline and 28 km southeast of Halul Island, in water depths of about 40 metres. The field was discovered in the 1960s alongside the nearby Bul Hanine field. Operator QatarEnergy is planning a major redevelopment to upgrade the field and extend its operational life. It selected PTSC M&C for a key package in that program.
Guro Rausand, Executive Vice President of New Build at Aker Solutions, said the award reflects the strength of the company's engineering organization and its track record on complex offshore projects. She cited the offshore oil and gas experience of the Kuala Lumpur team, backed by the Mumbai office.
Order intake depends on final contract signing in the fourth quarter
The letter of award remains subject to signing of the final contract. Once signed, Aker Solutions expects to book a sizeable order intake in the fourth quarter of 2026 in its Renewables and Field Development segment.