North Field

Natural gas demand has not slowed, and that’s helping to grease the skids for export contracts, ExxonMobil CEO Darren Woods said Wednesday. During a webcast to discuss capital spending and projected plans, Woods was asked about the company’s opportunities in the global LNG export market. The integrated major is a partner in several big gas…

China Petroleum and Chemical Corp. (Sinopec) is growing its supply and equity position in Qatar’s massive LNG expansion projects with an additional agreement inked with QatarEnergy. State-owned Sinopec, one of the world’s largest liquefied natural gas importers, disclosed it has signed a 27-year sales and purchase agreement for 3 million metric tons/year from QatarEnergy’s North…

QatarEnergy said Wednesday it has agreed to provide TotalEnergies SE with 3.5 million tons (Mt) of LNG annually over the course of 27 years from its massive North Field expansion projects.  The company said cargoes for TotalEnergies from the North Field East (NFE) and North Field South (NFS) projects would begin in 2026 under two…

Sempra Infrastructure has formalized an agreement with ConocoPhillips, giving the independent 5 million metric tons/year (mmty) of offtake and a 30% stake in its planned Texas export project east of Houston. The subsidiary of San Diego-based Sempra disclosed Tuesday that it executed a 20-year sales and purchase agreement (SPA) with ConocoPhillips for supply from Port…

QatarEnergy has clinched a 4 million metric ton/year (mmty) LNG supply agreement with China Petroleum and Chemical Corp., aka Sinopec, its first for the developing North Field East (NFE) expansion. The two firms signed the 27-year sale and purchase agreement (SPA) during a ceremony in Doha, marking the longest supply contract signed by a Chinese…

QatarEnergy has selected Shell plc as its second partner in the North Field South (NFS) project, awarding a 9.75% stake in the 16 million metric tons/year (mmty) LNG expansion.  QatarEnergy CEO Saad Sherida Al-Kaabi was joined by Shell CEO Ben van Beurden at a signing ceremony in Doha Sunday. Shell joins TotalEnergies SE, which was…

State-owned Qatar Petroleum (QP) has dished out an engineering, procurement and construction (EPC) contract worth more than $2 billion to expand the liquefied natural gas (LNG) storage and loading facilities for the giant North Field East (NFE) project. QP said Monday the lump-sum EPC contract was awarded to Samsung C&T Corp., only weeks after picking…

The natural gas export market is more difficult and complex to steer than for oil and definitely not for the weak of heart, Qatar Petroleum (QP) CEO Saad Sherida Al-Kaabi said Tuesday. The world’s biggest liquefied natural gas (LNG) producer is attempting to keep its grip on the No. 1 position with the two-phase expansion…

State-owned Qatar Petroleum (QP) is moving ahead with the largest liquefied natural gas (LNG) export project ever to be sanctioned, staking a claim to the world’s projected future demand. QP announced a positive final investment decision (FID) Monday for the North Field East (NFE) Project, which has been in the works for years and would…