2014-02-27

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. Key points

• 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.

Dominique Gaiardo, Vice President Protection Systems, Thales: “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.”

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