Qatar Petroleum Company News

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US Emerging as a LNG Powerhouse
Friday, March 22, 2019 The LNG export market is projected to surge over the next three decades.

Eni Inks Farmout Deal with Qatar Petroleum for Mozambique Block
Monday, March 11, 2019 Eni and Qatar Petroleum have entered into a farmout agreement which will allow Qatar Petroleum a 25.5 percent participating interest in Block A5-A offshore Mozambique.

ExxonMobil, Qatar Petroleum Find Gas Offshore Cyprus
Thursday, February 28, 2019 ExxonMobil and Qatar Petroleum have discovered natural gas on the Glaucus-1 prospect offshore Cyprus.

$10B-plus Texas LNG Project Gets Go-ahead
Tuesday, February 05, 2019 The Southeast Texas project will create more than 9,000 jobs.

Qatar Petroleum Boosts Offshore Mexico Profile
Monday, December 17, 2018 QP will gain a stake in three Eni-operated fields in Mexico's shallow-water Area 1.

A Qatari's Quest to Become World's Gas King
Tuesday, November 06, 2018 On Sunday, Al-Kaabi was appointed minister of state for energy issues and vice chairman of Qatar Petroleum.

Qatar Calls For Increased Investment In Oil And Gas Markets
Thursday, September 06, 2018 Qatar's energy minister calls for oil-producing countries to boost investment in the oil and gas sector given a recovery in the price of oil.

Qatar Energy Minister: Qatar Could Invest In German LNG Terminal
Thursday, September 06, 2018 Qatar's energy minister threw his support behind the possible cooperation of Qatar Petroleum on a potential German LNG terminal.

Qatar Petroleum Invites Firms To Bid For New Petrochemicals Complex
Tuesday, May 15, 2018 Qatar Petroleum says it was inviting international companies to bid for the development and operation of a new petrochemicals complex at Ras Laffan Industrial City.

Exxon, Qatar in Talks for Potential US Shale Deal - Report
Tuesday, April 10, 2018 Exxon Mobil is in talks with Qatar over a possible deal that could see the country investing in the company's U.S. gas resources, the Wall Street Journal reported, citing people familiar with the matter.

Italy's Eni Is Said to Weigh Sale of Mexican Oil Stake to Qatar
Thursday, April 05, 2018 Eni SpA is in talks to sell a stake in its giant oil discovery in Mexico to Qatar Petroleum International, according to people with knowledge of the plans.

Qatar Petroleum Renews Shared Oilfield Concession Agreement with UAE
Tuesday, March 13, 2018 Qatar Petroleum said it has signed a concession agreement with the United Arab Emirates to continue the development and operation of the shared Al-Bunduq offshore oil field.

Hoegh LNG: Pakistan LNG Import Project Consortium Folds
Thursday, November 16, 2017 A consortium behind a LNG import project in Pakistan has been dissolved.

Qatar Says It's Fulfilling Oil and Gas Deals Despite Gulf Crisis
Wednesday, September 13, 2017 Qatar says it is fulfilling all of its contracted shipments of oil and gas despite a regional political crisis that led to the severing of ties with some of its neighbors.

Cyprus Says to Push Ahead with Energy Plans Despite Challenges
Thursday, June 29, 2017 Cyprus will push ahead with its oil and gas development plans despite potential setbacks, including the decades-long Cyprus conflict, its energy minister said.

Statement: Qatar Petroleum, Shell Sign LNG Bunkering Agreement
Tuesday, June 13, 2017 Qatar Petroleum and Shell signed a framework agreement to develop global LNG bunkering facilities.

Qatar Petroleum Will Study Raising Production Capacity Of Its LNG Trains
Wednesday, May 31, 2017 Qatar Petroleum is considering whether to raise the production capacity of its liquefied natural gas trains.

ExxonMobil Secures Qatari Condensate for Singapore Unit - Sources
Thursday, May 18, 2017 ExxonMobil declined to comment. Qatar Petroleum did not respond to an e-mail seeking comment.

Qatar to Drill in Biggest Gas Field After 12-Year Freeze
Monday, April 03, 2017 Qatar Petroleum plans to start a new development in the offshore North Field, ending a 12-year ban on new projects that allowed the company to assess how its current rate of extraction affects the giant reservoir it shares with Iran.

An Energy Giant Bigger Than ExxonMobil in the Shadow of Saudi Aramco
Thursday, February 09, 2017 Qatar Petroleum is the hidden giant of the global energy industry, overshadowed by its neighbor Saudi Aramco.

CEO: Qatar Petroleum Seeks International Projects in Cyprus, Morocco
Monday, February 06, 2017 State-owned energy giant Qatar Petroleum (QP) is exploring oil and gas in Morocco and Cyprus as it aims to expand its liquefied natural gas (LNG) assets abroad while trimming costs at home, chief executive Saad al-Kaabi said.

After Benefits Of Cheap Oil, India Counts Cost Of Reduced Gulf Remittances
Wednesday, May 25, 2016 Having quit his low-paid job with a contractor in Qatar, electrician Kurian Joseph scrabbles for work each day in his hometown in Kerala, a southwestern state that has one of India's highest unemployment rates.

Qatar Petroleum to Acquire Part of Chevron's Moroccan Assets
Monday, February 08, 2016 Qatar Petroleum reaches an agreement with Chevron Morocco Exploration to acquire a 30% participating interest from Chevron's 75% share in three deepwater offshore leases located in Morocco.

Keppel FELS Delivers Newbuild Jackup Halul to Gulf Drilling International
Tuesday, January 26, 2016 Keppel FELS delivers newbuild jackup Halul to Qatar's Gulf Drilling International.

McDermott Bags EPCI Contract for 4 Wellhead Jackets from Qatar Petroleum
Friday, October 09, 2015 McDermott bags a brownfield project from Qatar Petroleum for the engineering, procurement, construction and installation of four wellhead jackets offshore Qatar.

Qatar Petroleum Expanding Overseas With Focus on Production
Wednesday, June 24, 2015 Qatar Petroleum plans to expand overseas after a restructuring that included the takeover of its foreign investment arm and the firing of some workers.

Qatar Petroleum Says Has Laid Off Staff, To Exit Non-Core Areas
Tuesday, June 23, 2015 Qatar Petroleum has completed a restructuring which involved laying off some foreign staff, although no Qatari employees were let go, CEO Saad Sherida al-Kaabi says.

Qatar Petroleum Eyes Foreign Expansion After Restructuring
Tuesday, June 23, 2015 Qatar Petroleum plans to expand overseas after a restructuring that included the takeover of its foreign investment arm and the firing of some foreign workers.

Qatar Invites Oil Firms To Bid For Al-Shaheen Field In Blow To Maersk
Wednesday, May 06, 2015 Qatar Petroleum says it has invited international oil and gas companies to compete to operate and develop its Al-Shaheen oilfield from mid-2017.

Qatar Petroleum Awards McDermott North Field Alpha Contract
Monday, March 02, 2015 McDermott International is awarded a large project for a new jacket, temporary deck and replacement umbilical by Qatar Petroleum for the North Field Alpha gas development, offshore Qatar.

Keppel FELS Delivers Newbuild Jackup 'Dukhan' to Qatar's GDI
Friday, August 22, 2014 Keppel FELS delivers jackup "Dukhan" to Qatar's Gulf Drilling International, with the newbuild contracted for work with Qatar Petroleum.

Centrica, Qatar JV Buys Canadian Gas Assets from Shell
Thursday, May 15, 2014 A Centrica and Qatar Petroleum joint venture agrees to buy a number of Canadian natural gas assets from Shell.

QP To Spend Around $11B To Redevelop Offshore Oil Field
Friday, May 09, 2014 Qatar Petroleum plans to invest more than $11 billion to redevelop the Bul Hanine offshore oilfield.

Shell Cuts Stake in Brazil Oil Project with $1B Sale to Qatar
Wednesday, January 29, 2014 Shell is selling a stake in a Brazilian oil project to Qatar Petroleum International for $1 billion, in line with this year's plan to ramp up disposals.

Qatar Petroleum Interational Now Holds 15% Share in Total E&P Congo
Friday, December 27, 2013 Total discloses that Qatar Petroleum International now holds a 15 percent share in Total E&P Congo, which is developing the Moho Nord project off Congo.

Qatar Says Can Help Iran Get More from World's Biggest Gas Field
Tuesday, December 24, 2013 Qatar wants to help Iran to develop its share of the world's biggest gas field so both countries can reap the maximum long-term rewards, sources at state-run Qatar Petroleum (QP) say.

Kentz Wins Qatari Wellhead Control Systems Contract
Wednesday, November 20, 2013 Kentz wins $190-million wellhead control systems contract from Qatar Petroleum.

Technip Wins EPIC Contract from Qatar Petroleum for FMB Offshore Project
Monday, October 21, 2013 Technip wins an engineering, procurement, installation and commissioning contract from Qatar Petroleum for the FMB Offshore Project in Qatar.

Qatar Petroleum, Oxy Ink Idd El Shargi Development Agreement
Monday, July 15, 2013 An Oxy subsidiary and Qatar Petroleum sign an agreement for the fifth field development plan phase for the Idd el Shargi North Dome Field offshore Qatar.

Qatar Petroleum Takes 15% Stake in Total E&P Congo
Wednesday, May 22, 2013 Qatar Petroleum International and Total sign a framework of Agreement whereby QPI will participate in Total E&P Congo through its subscription to a 15% share capital increase of this company.

Centrica, Qatar Petroleum to Buy Suncor Gas, Oil Assets
Monday, April 15, 2013 Centrica and state-owned Qatar Petroleum International reach an agreement with Suncor Energy to acquire a vast chunk of its natural gas and crude oil business.

Qatar, Total Secure Additional 25 Years for Al Khalij Field
Wednesday, November 14, 2012 Chairman of Qatar Petroleum Dr. Mohammed bin Saleh Al-Sada and Total's Upstream President Yves-Louis Darricarr?re sign a Heads of Agreement on Al Khalij field for a further 25 years.

Shell Fires Up Gas Production Offshore Qatar
Wednesday, March 23, 2011 Qatar Petroleum and Shell announced the first flow of dedicated offshore gas into the Pearl GTL plant.

QP, Exxon Sign JV Pact on $8.6B Barzan Gas Project
Thursday, January 06, 2011 QP and Exxon Mobil have signed a JV agreement on the $8.6B Barzan project, which will help the Gulf Arab state meet rising domestic gas demand.

Ramboll Wins FEED Contract for Qatar Petroleum's Dukhan Fields
Wednesday, June 30, 2010 Ramboll has been appointed as the main contractor by Qatar Petroleum (QP) to carry out Front-End Engineering Design (FEED) in the Dukhan fields.

QP, Shell, Petrochina Join Forces in Qatar Block
Monday, May 17, 2010 Qatar Petroleum has signed a new E&P Sharing Agreement with Shell and PetroChina for Qatar Block D.

Total Teams Up with Qatar in E&P Sector
Thursday, March 25, 2010 Total has agreed with Qatar Petroleum to invest together in exploration and production projects beyond the shores of the Qatar, the company's chief executive officer said Thursday.

Qatar's RasGas Fires Up LNG Production from New Facility
Wednesday, February 24, 2010 Ras Laffan 3 Train 7 is the fourth 7.8 million tons per year LNG plant brought online by Qatar Petroleum and ExxonMobil joint ventures within the past 12 months.

Qatar Petroleum, ExxonMobil Initiate AKG-2 Project
Tuesday, February 23, 2010 The Al Khaleej Gas-Phase 2 project, with 1,250 million cubic feet per day of sales gas capacity, initiated operations in December 2009.

GE Oil & Gas, Al Shaheen Team Up in Qatar
Tuesday, December 22, 2009 GE Oil & Gas and Al Shaheen Energy Services have signed two partnership agreements consolidating PII Pipeline Solutions' presence in Qatar and the Middle East, and establishing a JV for aftermarket services of Turbomachinery equipment in Qatar.