Qatar, Centrica Build North American Portfolio

Qatar Petroleum International (QPI) last week secured a multilateral agreement with long-time partner ExxonMobil Corp. to explore North America’s unconventional natural gas, associated gas and export potential. In addition, a newly established partnership between UK utility Centrica plc and QPI clinched a $986 million agreement to buy a package of Suncor Energy’s onshore gas-weighted properties in the Western Canadian Sedimentary Basin.

April 22, 2013