QatarEnergy has signed exploration contracts for Blocks 6 and 8 offshore the Republic of Suriname, the company announced today. Located in the Southern part of offshore Suriname, the adjacent Blocks 6 and 8 lie immediately South of Block 58 in shallow waters, with depths ranging between 40 and 65 meters. QatarEnergy will own a 20% […]
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Top 5 oil and gas contracts in the Middle East: April 2023
In case you missed the announcements, here is a list of the top five contracts secured for oil and gas projects in the region
TotalEnergies’ $27 billion Iraq project to begin in two weeks
Iraq and TotalEnergies expect to begin work on a long-delayed $27 billion project within the next two weeks, Iraq’s oil minister Hayan Abdel-Ghani said on Wednesday. According to a Reuters report, Abdel-Ghani said at a conference in Baghdad he expected five side agreements related to the deal to be signed in the next two weeks, […]
QatarEnergy, Namibia team up to ‘strengthen cooperation’ in energy
QatarEnergy has signed an agreement with the Ministry of Mines and Energy of the Republic of Namibia to strengthen cooperation in the energy sector. The agreement was signed by HE Saad Sherida Al-Kaabi, the Minister of State for Energy Affairs, president and CEO of QatarEnergy, and HE Tom Alweendo, Minister of Mines & Energy of […]
QatarEnergy partners with Sinopec for $30 billion LNG project
QatarEnergy has announced the signing of a definitive partnership agreement with China Petrochemical Corp (Sinopec) for the North Field East (NFE) expansion project, the largest project in the history of the LNG industry. Qatar is partnering with international companies in the first and largest phase of the nearly $30 billion expansion, which will raise Qatar’s […]
QatarEnergy announces major contract for world’s largest natural gas field
QatarEnergy has awarded a major contract to energy technology company Baker Hughes for the North Field, which is the world’s single largest non-associated natural gas field. Baker Hughes will supply two main refrigerant compressors (MRCs) for the North Field South (NFS) project, which will be executed by Qatargas. The MRCs are part of two LNG […]
QatarEnergy continues offshore exploration bonanza with Shell agreement
Qatar’s state-owned energy giant QatarEnergy has entered into an agreement with Shell to acquire a 40% working interest in the C-10 block located offshore Mauritania. This agreement is one of the several offshore exploration deals that Qatar has signed over the past few months. The C-10 block covers an area of about 11,500 square kilometers and is located approximately 50 kilometersoff the coast of Mauritania in water depths of approximately 50 to 2,000 meters. According to the […]
QatarEnergy strikes offshore exploration deal with ExxonMobil
QatarEnergy entered into a farm-in agreement with ExxonMobil Canada for two exploration licenses offshore the province of Newfoundland and Labrador in Canada. According to the agreement, QatarEnergy holds a 28% working interest while ExxonMobil Canada (operator) holds 50% while Cenovus Energy holds 22%. QatarEnergy also holds a 40% working interest in license EL 1162, while […]
QatarEnergy breaks ground on $8.5 billion petrochemicals facility
QatarEnergy and Chevron Phillips Chemical Co (CPChem) celebrated the ground breaking of the Golden Triangle Polymers Plant in Texas, marking the beginning of construction of the $8.5 billion world-scale petrochemical facility. Delivering remarks on behalf of HE Saad Sherida Al-Kaabi, president and CEO of QatarEnergy, Ahmad Saeed Al-Amoodi, QatarEnergy’s executive vice resident, Surface Development and […]
QatarEnergy strikes oil again in Namibia
QatarEnergy announced today a light oil discovery in the Jonker-1X deep-water exploration well, which marks the company’s third recent discovery offshore Namibia. The well was drilled to a total depth of 6,168 meters in a water depth of 2,210 meters. The acquired data is being evaluated while further appraisal is planned to determine the size […]