QE signs $3.9bn deal for 17 Korean LNG carriers
As a result of the deal, QE will increase its fleet size from 60 to 77. The company has said more vessels are to come.
As a result of the deal, QE will increase its fleet size from 60 to 77. The company has said more vessels are to come.
The CCS plant will be able to capture 4.3 million tonnes per year of CO2. It will capture emissions from seven trains at Qatargas North and three trains at Qatargas South.
China National Petroleum Corp. (CNPC) has signed up to take 4 million tonnes of LNG from Qatar and a stake in the North Field East (NFE) project.
Technip reported that the NFS project would involve a CCS facility of 1.5mn tpy, making the LNG plant emit 25% less than other such plants.
“The combination of low fees and increasing costs mean we estimate unlevered internal rates of return (IRRs) as low as 5-6% for some projects. Based on these returns, some projects are finding it challenging to secure finance, particularly via equity raises,” said Harrison.
A rush by China to sign new long-term liquefied natural gas (LNG) deals promises to give the nation even more control over the global market at a time when competition for cargoes is booming.
A north-east man accused of murdering a colleague on a Qatari oil rig is to appear in court next week – and may face the death penalty.
“Along with our partners, we are committed to drilling as soon as possible in 2023 an exploration well in Block 9, and our teams are mobilised to conduct these operations.”
With Qatar at the centre of a “sellers’ market” for LNG, what can the East Mediterranean offer European governments to ease the pressure?
The project is QE’s “largest investment ever in Qatar’s petrochemicals sector and the first direct investment in 12 years”, Al-Kaabi said.
However, QPD launched its work in the late 1990s and began producing in March 2006. The fields have now produced 33.5 million barrels of oil.
A collection set up to support the family of an oil worker - who was killed on a rig offshore Qatar - has raised nearly £20,000.
38-year-old Robert Robson, of Tyne and Wear, was killed in the incident in the Persian Gulf.
The family of an oil worker found dead onboard an offshore platform in Qatar could get to decide if his killer lives or dies, it emerged today.
Mr Begley’s father Dennis, 64, said: “They all work together. There’s been no animosity between any of them. This seems to be completely random."
An Aberdeenshire offshore worker has been killed in Qatar during a violent incident that also left his colleague injured, Qatari police have confirmed.
Since I’m on my way to Doha as I write, what better subject than LNG and the boom which will keep the dollars flowing into Qatar for decades to come.
QatarEnergy (QE) has struck a deal to supply LNG to ConocoPhillips, for delivery to Germany into the 2030s.
Sinopec has signed up to buy 4 million tonnes per year of LNG from QatarEnergy (QE) for 27 years.
QatarEnergy (QE) has chosen ConocoPhillips to be its third partner on the North Field South (NFS) LNG development.
QatarEnergy (QE) has signed up to buy 70% of the production from its Golden Pass LNG export project, which it is developing with ExxonMobil in Texas.
QatarEnergy (QE) has chosen Shell as its second partner on the North Field South (NFS) expansion project.
Saipem has won a $4.5 billion contract from Qatargas for two offshore gas compression complexes.
OPEC+’s decision to cut oil production will hurt the global economy and add to inflationary pressures, a senior US official said during a visit to the Middle East.
An Aberdeen University petroleum economist has been honoured with an international recognition from the energy industry.