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QatarEnergy and China’s CNPC to sign major LNG deal

China National Petroleum Corp (CNPC) will soon finalise a deal to buy LNG from QatarEnergy from Qatar’s massive North Field expansion project, Reuters reported, citing three people with knowledge of the matter. This would be the second such deal between both countries as Beijing looks to diversify its fuel sources in a drive to replace […]

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TotalEnergies wants offshore Lebanon work to begin ‘as soon as possible’

TotalEnergies is keen to begin work on Lebanon’s offshore Block 9 “as soon as possible”, with assessments to begin early next month and well-drilling to launch in Q3 2023, Reuters reported, citing the French major’s CEO Patrick Pouyanne. Pouyanne said a vessel would arrive in Lebanese waters on Feb. 6 to carry out an environmental […]

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Qatar to buy stake in TotalEnergies’ $27 billion projects

QatarEnergy is reportedly in talks to buy a stake from French multi-energy company TotalEnergies’ $27 billion cluster of energy projects in Iraq, Reuters reported, citing sources. “QatarEnergy is looking to acquire a stake of around 30% in the project, one source said,” Reuters noted. An investment from Qatar is expected to contribute an important victory […]

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