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Maintenance, Repair & Overhaul

INVESTMENT OPPORTUNITY:
Gas turbine service center to
perform overhaul services and
refurbishment work
Executive summary
◼ Establish a gas turbine service center to perform overhaul services and refurbishment work of gas
turbines (excluding GE gas turbines) in Qatar.
◼ The local capabilities should include onsite inspection services (with field service engineers) and
offsite workshop refurbishment services of gas turbine components.
◼ Non-GE turbines (Siemens, Mitsubishi, or Solar) are generally refurbished outside Qatar and
serviced using nonlocalized resources.
◼ Therefore, there is potential to set up a local workshop to service non-GE gas turbines for
inspection and maintenance not provided in Qatar.
◼ The demand of gas turbine services in Qatar is expected to be approximately QAR 90M in 2018,
which will potentially increase to approximately QAR 115M by 2023 due to growth, based on:

 An installed base of approximately 90 gas turbines (excluding GE) of which circa 80 require
regular maintenance services

 An expected installed base growth of 4-6 percent per year.


◼ Different types of gas turbine maintenance services can be provided by different suppliers.

MRO INVESTMENT OPPORTUNITY: ESTABLISH A GAS TURBINE SERVICE CENTER TO PERFORM OVERHAUL SERVICES AND REFURBISHMENT WORK 2
Detailed opportunity description
Establish a gas turbine service center
◼ Gas turbine services represent a significant portion of the
maintenance costs for the Energy sector. Siemens,
Mitsubishi, and Solar turbines are generally refurbished
outside Qatar and serviced using nonlocalized resources.
Only large utility-sized turbines (e.g., Siemens SGT5 series)
are serviced on-site via a special service line.
◼ The gas turbine service center will perform overhaul
services and refurbishment work on gas turbines.
◼ The gas turbines will be used for power generation and
mechanical drive.
◼ The local capabilities should include on-site inspection
services (with field service engineers) and off-site workshop
Typical gas turbine under heavy
maintenance refurbishment services of gas turbine components.

Localization opportunity
Business scope

◼ Gas turbine services depend on the turbine size


 Small- to medium-sized gas turbines (<60 MW) are serviced via on-site inspections and off-site
workshop refurbishment services
 Large gas turbines (>60 MW) are mainly serviced on-site
◼ Gas turbines typically require three types of inspections
 Combustion inspection
 Hot gas part inspection
 Major overhaul
◼ Services of all sizes of gas turbines, excluding GE turbines
◼ OEM-certified or OEM-supervised on-site service support to perform inspections, troubleshooting,
and modifications
◼ An OEM-certified or approved gas turbine workshop to perform the following services
 Refurbishment of gas turbine components (e.g., combustion liners, transition pieces, nozzles,
buckets)
 Refurbishment of rotors (including demagnetization, specialized coating, welding, and
machining)

Out of scope
◼ Manufacturing of gas turbines or gas turbine components

Capital intensity

Low (QAR 0-10M) Medium (QAR 10-50M) High (QAR 50M+)

MRO INVESTMENT OPPORTUNITY: ESTABLISH A GAS TURBINE SERVICE CENTER TO PERFORM OVERHAUL SERVICES AND REFURBISHMENT WORK 3
Market size
Estimated spend (Qatar only) on selected gas turbine services, QAR M
Forecast

109 115
95 99 104
90

2018 19 20 21 22 2023

Estimated non-GE gas turbines serviced per year, number


Gas turbines
80 85 90 95 95 100
inspected

Key highlights

◼ Qatar has an installed base of approximately 300 gas turbines, of which there are approximately
90 gas turbines not manufactured by GE.
◼ There are approximately 80 fully non-GE gas turbines as the remaining ten gas turbines are on
standby.
◼ Gas turbines typically require the following inspections (including repairs) each maintenance cycle
(5-6 years):
 Combustion inspection
 Hot gas parts inspection
 Major inspection.
◼ Demand for a gas turbine workshop service is expected to increase 4-6 percent per year based
on a growing installed base of gas turbines in Qatar.

Relevant stakeholders
Top 3 buyers Other demand

Top 3 buyers

MRO INVESTMENT OPPORTUNITY: ESTABLISH A GAS TURBINE SERVICE CENTER TO PERFORM OVERHAUL SERVICES AND REFURBISHMENT WORK 4
Disclaimer
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general information purposes only and should not be construed as an investment or commercial advice
or as a recommendation whatsoever. The user of the Information (“User”) is responsible for
independently verifying the Information and shall make his own determination as to how suitable the
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respect to the Information for any purpose. Qatar Petroleum expressly disclaims liability for errors
and/or omissions in the Information contained in this document and shall in no event be liable for
damages resulting from the use or reliance of User upon the Information. Any reliance the User of the
Information places on such Information is strictly at User’s own risk.

MRO INVESTMENT OPPORTUNITY: ESTABLISH A GAS TURBINE SERVICE CENTER TO PERFORM OVERHAUL SERVICES AND REFURBISHMENT WORK 5
Email: tawteen@qp.com.qa | Website: https://tawteen.com.qa

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