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…
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ConocoPhillips Takes Third, Final Stake in North Field South LNG Project
ConocoPhillips has been selected as a partner in QatarEnergy’s North Field South (NFS) LNG expansion project with a 6.25% stake awarded to one of the world’s largest independents. ConocoPhillips is the third company to sign on to the two-train, 16 million metric ton/year (mmty) capacity liquefied natural gas project planned from Qatar’s prolific North Field.…
October 31, 2022
Shell Boosts Stake in Qatar’s North Field LNG Expansion
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…
October 25, 2022
QatarEnergy Dips Toe in Canadian Offshore Through ExxonMobil Deal
Qatar’s state-owned oil and natural gas company has announced entry into the Canadian energy patch by picking up a 40% share in a suspended ExxonMobil Canada Ltd. drilling project 270 miles offshore of the Newfoundland capital, St. John’s. QatarEnergy, formerly Qatar Petroleum, described the deal as gaining a foothold in an established producing region by…
October 26, 2021
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