Milaha Signs $217.5M Contract for Qatar’s First Jackup Barge with North Oil Company
Strategic Partnership: Qatar’s Milaha has signed a ten-year contract worth approximately QAR 792 million ($217.5 million) with the North Oil Company (NOC) for the Milaha Al Shaheen, marking a significant advancement in the country’s offshore infrastructure.
The Milaha Al Shaheen is Qatar’s first self-elevating, self-propelled jackup barge, featuring four legs with a leg length of 104 meters. Equipped with a 300-tonne crane and accommodations for up to 304 personnel, this barge is designed to support various offshore operations while adhering to the highest environmental sustainability standards.
Fahad Saad Al-Qahtani, Group CEO of Milaha, expressed pride in this achievement: “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.”
Milaha Logistics City: A Game-Changer in Qatar’s Supply Chain
In addition to the barge contract, Milaha is investing in logistics infrastructure with the first phase of the Milaha Logistics City, a 400,000 sq m project that includes a 35,000 sq m cold chain facility aimed at serving the food industry, pharmaceuticals, and fast-moving consumer goods (FMCG).
Abdulrahman Essa Al-Mannai, President and CEO of Milaha, highlighted the importance of this initiative: “Milaha Logistics City is a significant investment in Qatar’s supply chain infrastructure and, in particular, cold chain capabilities. We expect it to be a key enabler for logistics growth in Qatar, providing our clients with more sophisticated options to access the local market.”
The facility’s strategic location on the orbital road offers excellent access to the airport and seaport, further enhancing its logistical advantages.
