Qatar Petroleum Company News

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Qatar and Kuwait Make 15-Year LNG Deal
Monday, January 06, 2020 QP will supply Kuwait with up to 3 mtpa of LNG under the long-term deal.

Brazil Pre-Salt Block Goes to Total-Led Group
Friday, October 11, 2019 A consortium of Total, QP and Petronas has won the C-M-541 deep offshore license in Brazil's pre-salt Campos Basin.

QP Doubles Down in Belgium
Tuesday, September 03, 2019 The Fluxys Belgium-operated Zeebrugge LNG receiving terminal. PHOTO SOURCE: Qatar Petroleum

The Top 10 Ideal NOC Employers
Thursday, August 29, 2019 Presenting the highest-scoring NOCs in Rigzone's 2019 Ideal Employer Survey!

US LNG Export Plans Hit Trade War Snags
Monday, August 26, 2019 Plans for new American terminals to ship LNG abroad are under threat as the trade war escalates.

Top 10 Ideal Downstream Employers for 2019
Thursday, August 22, 2019 Here is a breakdown of the 10 highest-scoring downstream employers in Rigzone's 2019 Ideal Employer Survey.

Seadrill Gains Foothold in Key Jackup Market
Friday, August 16, 2019 Seadrill and GDI have formed a 50:50 joint venture.

Qatar Petroleum Expands Reach into Guyana
Monday, July 29, 2019 QP will obtain a share of exploration and production rights in two offshore Guyana blocks.

Qatar Petroleum Awards North Field Contract
Thursday, July 11, 2019 The contract calls for FEED work for offshore wellhead platforms, pipelines and cables.

Big Oil Plans to Unleash a Flood of Plastic From US Gulf
Wednesday, July 10, 2019 The world's biggest oil and chemical companies are about to unleash a tidal wave of plastic raw materials by the mid-2020s.

$8B Petchems Project Slated for Gulf Coast
Tuesday, July 09, 2019 CP Chem and QP unveil plans for another world-scale facility, this time in the U.S.

Chevron Phillips, Qatar Petroleum to Build Ethane Cracker
Monday, June 24, 2019 The Ras Laffan Industrial City complex will comprise an ethane cracker and two high-density polyethylene units.

Argentinean LNG May Enjoy Geographic Advantage
Monday, June 17, 2019 Argentina's southern hemisphere location could lure Asian LNG buyers.

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.