CNOOC, China’s third-biggest oil company, has signaled its interest to become a partner in Qatar’s $29 billion North Field liquefied natural gas (LNG) expansion project, that will be the world’s largest.
Qatargas will exercise two options for additional work on the North Field Production Sustainability (NFPS) offshore project under a contract with Saipem.
Qatargas has awarded a letter of award for pipelines under the North Field Production Sustainability (NFPS) project to Saipem.
Qatargas has awarded a $1.7 billion contract to Saipem for work on the North Field project.
Saudi Aramco has suspended the contract for the Main Pass I jack-up for up to 12 months, Shelf Drilling has reported.
Qatargas will supply 1 million tonnes per year of LNG to Shell, for delivery to Kuwait, starting this year.
Qatar Petroleum (QP) intends to produce 126 million tonnes per year of LNG by 2027, from its current level of 77mn tpy.