Doha, 25 Oct 2019 United Development Company (UDC), a leading Qatari public shareholding company and the master developer of The Pearl-Qatar and Gewan Islands announced its financial results for the nine-month period ended 30 September 2019, reporting net profit of QR 343 million over revenues of QR 1.3 billion. The net profit attributable to the...

Doha, 20 Oct. 2019 Cities around the world are increasingly transforming into ‘Smart Cities’ as rapid urbanization is exerting growing pressure on the traditional infrastructures. Smart Cities initiative, which integrate digital technology to optimize the efficiency of cities' operations and services, are now the global trend due to the several economic benefits it offers including...

Doha, 04 Oct. 2019 State of Qatar will host 6thGas Summit of Heads of State and Government of Gas Exporting Countries Forum (GECF) Member Countries. iIt was announced during the conclusion of 21stGECF ministerial meeting in Moscow. Saad Sherida Al-Kaabi, the Minister of State for Energy Affairs, the President and CEO of Qatar Petroleum said...

Doha, 02 Sept 2019 Affiliates of Qatar Petroleum and the Belgian independent natural gas transport company Fluxys Belgium signed a long-term agreement for LNG unloading services at the Zeebrugge LNG Terminal. The agreement was signed during a ceremony held in Brussels today by Saad Sherida Al-Kaabi, Minister of State for Energy Affairs, the President &...

Doha, 27 Aug. 2019 (QP)   Qatar Petroleum has entered into agreements with Total for a share of exploration and production rights in two blocks offshore the Republic of Namibia. Under the agreements, which are subject to customary regulatory approvals by the government of Namibia and approvals by the partners in the blocks, Qatar Petroleum...

Doha, Qatar, 20 August 2019 (QP) Qatar Petroleum for the Sale of Petroleum Products Company (QPSPP), has recently concluded a 5-year sale agreement with ExxonMobil Trading Asia Pacific Pte. Ltd. (EXTAP), a division of ExxonMobil Asia Pacific Pte. Ltd. based in Singapore. Under the agreement, QPSPP will supply ExxonMobil’s Singapore Integrated Manufacturing Complex with a...

Doha Qatar Petroleum has entered into an agreement with Eni and Total to acquire a 25% participating interest (13.75% from Eni and 11.25% from Total) in blocks L11A, L11B and L12 located offshore Kenya. The agreement is subject to customary regulatory approvals by the government of Kenya. Following such approval, the partners comprising the consortium...

Doha, 19 May 2019 (AlJazeera News) A major gas pipeline from Qatar to the United Arab Emirates, Dolphin, experienced an outage for several days last month and Qatar filled the gap with additional liquefied gas supplies, a source familiar with the situation told Reuters news agency. Qatar has been under a political boycott and economic...

Doha, 27 April 2019 Over 500 exhibitors from 34 countries are participating in Project Qatar 2019 Exhibition to be held at Doha Exhibition and Convention Center (DECC) from 29th April till 1st of May between 1200PM - 0900 PM Monday.  There will be 15 international pavilions exhibiting those countries products from construction and related industries. Among...

Doha, 22 April 2019 Qatar Petroleum today issued an ‘invitation to tender’ for the reservation of ship construction capacity required for the LNG carrier fleet for its North Field Expansion (NFE) Project, which will increase Qatar’s LNG production capacity from 77 million tons per annum (mta) to 110 mta starting in 2024. In addition to...