Qatar News

 

Qatar Petroleum in 'Largest LNG Shipbuilding Deal in History'

Jun 01, 2020

Qatari state-owned oil and gas company Qatar Petroleum has entered into what it says 'are the largest LNG shipbuilding agreements in history to secure more than 100 ships valued in excess of QR 70 billion [USD19,2 billion] to cater for its LNG growth plans…

QP: North Field Works Going Full Steam Ahead

May 25, 2020

Qatar Petroleum's Saad Sherida Al-Kaabi in a webinar last week said the country was pressing ahead with the giant offshore North Field expansion despite the dire situation in the energy market where he feels it'll take 1-2 years for demand to…

Qatar Petroleum to Cut Spending by 30%

May 22, 2020

Qatar Petroleum will slash its spending by around 30% this year in the face of the sharp drop in oil and gas prices due to the coronavirus epidemic, its Chief Executive said on Thursday.Speaking during a webcast organized by the U.S-Qatar Business Council…

Qatar Petroleum to Acquire Share in Total's Ivory Coast Offshore Blocks

May 18, 2020

Qatari-state owned oil and gas company Qatar Petroleum has signed a farm-in deal with France's Total to acquire a 45% participating interest in blocks CI-705 and CI-706, located in the Ivorian-Tano basin, offshore Ivory Coast.The two blocks cover an area of approximately 3…

SWS Delivers Newbuild Jack-Up Rig to Northern Offshore

May 08, 2020

China's Shanghai Waigaoqiao Shipbuilding has this month delivered the newbuild jack-up Energy Edge to its owner Northern Offshore.The delivery of the CJ-50 design jack-up drilling unit took place in Shanghai on May 2.According to previous reports…

Qatar Petroleum Farms into Total's Offshore Blocks in Mexico

May 07, 2020

Qatar's state-owned oil and gas company Qatar Petroleum has signed three farm-in agreements to acquire about 30% of Total’s participating interest in blocks 15, 33 and 34 located in the Campeche Basin, offshore Mexico.Saad Sherida Al-Kaabi, the Minister of State for Energy Affairs…

Qatar Petroleum Plans New Wave of Job Cuts

Apr 30, 2020

Qatar Petroleum, one of the world's biggest energy companies, plans a new wave of job cuts and spending reductions to cope with the slump in oil and gas demand which has hit global economies, two sources familiar with the matter said.Economic…

Qatar Books Chinese Shipyard Capacity in LNG Carrier Fleet Expansion Push

Apr 22, 2020

Qatari state-owned oil and gas company Qatar Petroleum has signed a deal to reserve LNG ship construction capacity in China in a deal potentially worth more than $3 billion.QP said that the reserved LNG carrier construction capacity would be used for QP’s future LNG carrier fleet requirements…

Qatar Starts 80-well Offshore Drilling Campaign at NFE Project

Apr 15, 2020

Qatar Petroleum has kicked off the development drilling campaign for the offshore North Field East project, or NFE previously known as the North Field Expansion Project.The first of 80 North Field East development wells was spudded on March 29…

Qatar Eases Exit Visa Rules for Oil and Gas Sector

Mar 20, 2020

Qatar has removed exit visa requirements for an additional segment of its foreign labor force, including some of those working in the oil and gas industry, according to official tweets posted on Friday.Qatar in 2018 eliminated exit visas for many foreign migrant workers…

QP Charters Northern Offshore Jack-Up Rig

Jan 28, 2020

Qatar Petroleum has chartered the Energy Embracer jack-up drilling rig from Northern Offshore.The Energy Embracer was delivered from the Shanghai Waigaoqiao Shipyard in China to Northern Offshore in December 2018 and has since been warm stacked…

First 2 Jackets for NFE Project Completed

Nov 28, 2019

State-owned Qatar Petroleum has announced the completed fabrication of the first two jackets required for offshore facilities as part of its North Field Expansion (NFE) Project.Saad Sherida Al-Kaabi, the Minister of State for Energy Affairs…

N-KOM Completes Bul Hanine Fabrication

Nov 12, 2019

Nakilat-Keppel Offshore & Marine (N-KOM) has successfully completed a major fabrication project as part of its contract for Qatar Petroleum’s Bul Hanine Redevelopment (Phase B), which was awarded by McDermott Eastern Hemisphere Limited (MEHL)…

Qatar Petroleum Takes Over Offshore Oilfields

Oct 07, 2019

Qatar Petroleum has assumed operatorship of the Idd el-Shargi North Dome and South Dome offshore oilfields, the company said in a statement.Development and production sharing agreements with Occidental Petroleum of Qatar Ltd. for both oilfields expired on Oct…

Seadrill in JV with Gulf Drilling

Aug 15, 2019

Offshore drilling contractors Seadrill and Gulf Drilling International (GDI) have entered into a 50/50 joint venture, GulfDrill, which will initially manage and operate five premium jackups in Qatar with Qatar Petroleum commencing throughout 2020…

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