INVESTMENT OPPORTUNITY:
Maintenance, Repair & Overhaul
Overhaul and refurbishment
service center for compressors
and turboexpanders
Executive summary
2MRO INVESTMENT OPPORTUNITY: ESTABLISH A SERVICE CENTER FOR COMPRESSORS AND TURBOEXPANDERS
◼ Establish a service center for centrifugal compressors and turboexpanders in Qatar.
◼ The local capabilities should include onsite overhaul services and offsite workshop refurbishment
services to repair the rotors installed in centrifugal compressors and turboexpanders.
◼ A full-fledged centrifugal compressors and turboexpander workshop is not available in Qatar.
◼ The demand of overhauls and rotor refurbishments of centrifugal compressors and
turboexpanders in Qatar is expected to be approximately QAR 75M in 2018, which will potentially
increase to approximately QAR 96M by 2023 due to local growth, based on:
An installed base of approximately 600 centrifugal compressors and approximately 50
turboexpanders, of which 550 require regular maintenance services
An expected installed base growth of 4-6 percent p.a.
◼ The different types of centrifugal compressor and turboexpander refurbishment services can be
provided by different suppliers not limited to the OEMs.
Localization opportunityBusiness scope
◼ Major overhauls and minor overhauls of centrifugal compressors and turboexpanders
◼ Refurbishment services for centrifugal compressors and turboexpanders
◼ OEM-certified support to perform inspections and refurbishments
◼ OEM-certified or approved centrifugal compressor and turboexpander refurbishment facilities
with the following required services (not limited to)
Rotor inspection
Nondestructive testing
Rotor straightening
Rotor balancing
Impeller spin test
Demagnetization
Specialized coating
Welding and machining
Heat treatment
Out of scope
◼ Manufacturing of compressors or turboexpanders
◼ Manufacturing of rotor blades
Typical gas compressor
Detailed opportunity description
3
Establish a service center for compressors
and turboexpanders ◼ Centrifugal compressor and turboexpander services
represent – next to gas turbine services – a majority of
the maintenance costs of the Qatari Energy sector.
◼ The main centrifugal compressor and turboexpander
service provided are minor and major overhauls.
◼ The off-site rotor refurbishments include destacking and
stacking, rotor repair, demagnetization, specialized
coating, heat treatment, high and normal speed
balancing.
◼ Currently, the majority of the centrifugal compressor and
turboexpander rotor refurbishment and on-site services
of non-GE turbomachinery are provided outside Qatar.
Capital intensity
Low (QAR 0-10M) Medium (QAR 10-50M) High (QAR 50M+)
MRO INVESTMENT OPPORTUNITY: ESTABLISH A SERVICE CENTER FOR COMPRESSORS AND TURBOEXPANDERS
75 79 83 87 91 96
20232018 19 2220 21
Centrifugal
compressors and
turboexpanders
200 210 220 230 245 255
Estimated compressors and turboexpanders, serviced per year, number
Relevant stakeholders
Top 3 buyers Other demand
Market size
4
Estimated spend (Qatar only) on selected centrifugal compressors and
turboexpanders, QAR M
Forecast
Key highlights
◼ There are 550 operational centrifugal compressors and turboexpanders as 100 of the centrifugal
compressors and turboexpanders are on standby.
◼ 60 percent of centrifugal compressors and turboexpanders typically require rotor refurbishment
every maintenance cycle (5-6 years).
◼ More than 50 percent of compressors and turboexpanders are undergoing overhaul outside
Qatar.
◼ Demand for rotor refurbishments is expected to increase 4-6 percent per year as more
installations will be built due to a growing Energy sector in Qatar.
Top 3 buyers
MRO INVESTMENT OPPORTUNITY: ESTABLISH A SERVICE CENTER FOR COMPRESSORS AND TURBOEXPANDERS
Disclaimer
5
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or as a recommendation whatsoever. The user of the Information (“User”) is responsible for
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MRO INVESTMENT OPPORTUNITY: ESTABLISH A SERVICE CENTER FOR COMPRESSORS AND TURBOEXPANDERS
Email: [email protected] | Website: https://tawteen.com.qa