Last year was a bumper one for the global oil and gas exploration sector as it enjoyed its strongest 12 months in more than a decade.
“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.”
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.
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.
TotalEnergies has signed up to take a 9.375% stake in Qatar’s next phase of LNG expansion, North Field South (NFS).
QatarEnergy (QE) has launched plans for a world-scale blue ammonia project, with capacity of 1.2 million tonnes per year.
QatarEnergy (QE) has awarded engineering, procurement and construction (EPC) contracts covering two large solar photovoltaic (PV) plants.
McDermott International has won a front-end engineering and design (FEED) contract from QatarEnergy (QE) under the North Field expansion project.
QatarEnergy (QE) has officially picked Shell to take a 25% stake in a joint venture on the North Field East (NFE) project. This will have total capacity of 32 million tonnes per year.
TotalEnergies has won a 25% stake in the North Field East (NFE) LNG project, from QatarEnergy (QE).
ExxonMobil and TotalEnergies are among a group of Western energy companies poised to win stakes in a multibillion dollar project to boost Qatar’s gas exports, people with knowledge of the matter said.
McDermott International has won one of its largest ever front-end engineering and design (FEED) studies for an oilfield offshore Qatar.
QatarEnergy (QE) has taken a stake in ExxonMobil’s North Marakia Offshore block, in Egypt.
ExxonMobil has made a good-quality gas find at its block offshore Cyprus, on the Glaucus-2 well.
QatarEnergy (QE) has held talks with German officials in preparation to begin sending LNG to the northern European country.
QatarEnergy (QE) is doubling down on its carbon capture and solar plans, with the aim of producing cleaner LNG.
QatarEnergy (QE) has signed up to support Namcor, following two high-profile discoveries in the Southern African state.
TotalEnergies has made a “significant” discovery at the Venus 1-X well, offshore Namibia.
Shell and Namcor have announced a light oil discovery at the Graff-1, offshore Namibia.
Shell’s Graff-1 well has made a “significant” discovery offshore Namibia, Reuters has reported citing three industry sources.