QatarEnergy
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With its North Field development project in full swing to the south and east, Qatar is now turning west to supercharge its plan to raise LNG production by almost 85% before 2030. -
Fresh commitments cover expansion work on the Al-Shaheen field that is expected to add 100,000 B/D of oil production once completed.
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BP, QatarEnergy and Zarubezhneft were among the other winners.
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The supermajor plans to sell its majority stake in the Italian offshore terminal as it sheds noncore assets.
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Qatar’s newest partnership in the North Field East expansion project boosts China’s expected new deliveries of LNG by another 4 mpta.
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The new well in offshore Bloc 9 is expected to wrap up by year-end.
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The award includes two LNG ‘mega’ trains with a combined capacity of 16 mtpa.
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One new license holds the future location of the Gale exploration well.
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The Gas Growth Integrated Project will capture and supply flare gas to generate electricity and treat seawater to manage pressure in oil wells in Iraq’s Basra region.
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After successfully identifying prospects offshore Namibia with Shell and TotalEnergies, QatarEnergy is now expanding its African footprint into Mauritania.
