Qatar

Baker Hughes Secures Equipment Deal for Major Qatari LNG Expansion

Baker Hughes Secures Equipment Deal for Major Qatari LNG Expansion

Baker Hughes Co. said Tuesday it will supply Qatar Petroleum gas-powered refrigerant units for an expansion of the Middle Eastern country’s liquefaction capacity to 110 million metric tons/year (mmty) from 77 mmty by 2025. The Houston-based oilfield services giant said it is among the largest liquefied natural gas (LNG) deals it has secured in the…

September 29, 2020
Qatar Reserves 60% of Global LNG Shipbuilding Capacity for $19B-Plus

Qatar Reserves 60% of Global LNG Shipbuilding Capacity for $19B-Plus

State-owned Qatar Petroleum (QP) inked agreements this week with South Korea’s major shipyards, reserving construction capacity to secure more than 100 liquefied natural gas (LNG) carriers over the next eight years in a deal valued at more than $19 billion.

June 2, 2020
Qatar Starts Drilling Wells to Feed Planned LNG Mega Trains

Qatar Starts Drilling Wells to Feed Planned LNG Mega Trains

State-owned Qatar Petroleum said Wednesday that it has spud the first of 80 wells as part of its ambitious North Field East (NFE) Project aimed at significantly expanding its liquefied natural gas (LNG) output in the coming years.

April 15, 2020

Qatar Still Eyeing 2024 to Ramp More LNG Export Capacity

State-owned Qatar Petroleum remains committed to expand its natural gas exports worldwide by 2024 to maintain its leadership position, Energy Minister Saad Sherida Al-Kaabi said Tuesday.

October 8, 2019

Qatar Continues Prepping for Massive LNG Export Expansion

Qatar’s state-owned producer, the largest natural gas exporter in the world, is aiming to remain on the leaderboard as it awards contracts to enhance production capacity by 2024 to 110 million metric tons/year (mmty) from 77 mmty.

April 2, 2019
ExxonMobil Discovers Huge Natural Gas Reservoir Offshore Cyprus

ExxonMobil Discovers Huge Natural Gas Reservoir Offshore Cyprus

A discovery that may represent a natural gas resource of 5-8 Tcf has been discovered offshore Cyprus by ExxonMobil Corp., which partners in the block with Qatar Petroleum.

February 28, 2019
Qatar Petroleum Said Considering $20B in U.S. Oil, Natural Gas Ventures

Qatar Petroleum Said Considering $20B in U.S. Oil, Natural Gas Ventures

The No. 1 natural gas exporter in the world, Qatar Petroleum (QP), is said to be exploring investments of up to $20 billion in the United States, in both onshore and offshore projects.

December 17, 2018
Qatar Exiting OPEC to Focus on Global LNG Development

Qatar Exiting OPEC to Focus on Global LNG Development

Qatar announced Monday that it would withdraw from the Organization of the Petroleum Exporting Countries (OPEC) to keep its focus on liquefied natural gas (LNG), its main export product.

December 3, 2018
Qatar Expanding More Natural Gas Reserves to ‘Strengthen’ LNG Export Position

Qatar Expanding More Natural Gas Reserves to ‘Strengthen’ LNG Export Position

State-owned Qatar Petroleum (QP), the No. 1 liquefied natural gas (LNG) supplier in the world, plans to develop additional gas reserves in the country’s North Field to increase liquefaction capacity by 43%.

September 28, 2018

ExxonMobil Opens Door to Qatar Joining Vaca Muerta Shale Rush

Qatar Petroleum (QP) on Monday snapped up its first significant international stakes in unconventional oil and natural gas resources in an agreement with ExxonMobil Corp. to become an equity holder in the Vaca Muerta formation onshore in Argentina’s Neuquén Basin.

June 4, 2018
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