Qatari shipowner Milaha is teaming up with US contracting giant Schlumberger to order new well stimulation vessels.

The companies said they have entered into a formal cooperation agreement to support value-building projects over five years.

The deal involves Milaha's Offshore & Marine division, which will look to develop the country's Tawteen project led by Qatar Petroleum.

This aims to keep the energy sector supply chain within Qatar as much as possible, creating new investment opportunities.