Economy

Qatar Petroleum Signs Exploration Agreements in Namibia

27/08/2019

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...

Qatar Petroleum Announces 5-Year Condensate Feedstock Sale Agreement to ExxonMobil in Singapore

22/08/2019

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...

Qatar Petroleum to Enter Three Exploration Blocks in Kenya

27/07/2019

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...

Qatar Ships LNG to UAE After Dolphin Pipeline Outage: Report

19/05/2019

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...

500 Exhibitors From 34 Countries Participating in 2019 Project Qatar

27/04/2019

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...

World's Largest LNG Ships Order: Qatar Petroleum Tenders for 60 - 100 New LNG Carriers

22/04/2019

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...

Qatar Petroleum and Thai SCG Chemicals Signs 10-year Naphtha Sale agreement

21/04/2019

Doha, 21 April 2019 Qatar Petroleum, for and on behalf of Qatar Petroleum for the Sale of Petroleum Products Company (QPSPP), has concluded a 10-year sales agreement to supply Thailand’s SCG Chemicals with a total of 3 million metric tons of Light Naphtha starting from April 2019. This long-term supply agreement is the first QPSPP...

Qatar: Nakilat - McDermott Signs New Joint Venture

18/02/2019

Doha, 18 Feb. 2019 Nakilat has signed an agreement with McDermott to form a joint-venture (JV) company providing offshore and onshore fabrication services in Qatar. The strategic partnership aims at increasing productivity levels at Nakilat’s world-class Erhama Bin Jaber Al Jalahma Shipyard and developing local construction capabilities to support the increasing demand for the construction...

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