Category: Oil and Gas
Qatar Petroleum (QP), a state-owned petroleum company in Qatar, has reportedly announced that it is looking to invest $20 billion in the U.S. over the coming years. Saad al-Kaabi, seemingly holding the portfolio of energy of the leading liquefied natural gas (LNG) provider of the …
Chrysaor, a private equity-backed oil company has reportedly hired advisers before initiating talks to buy Chevron’s gas and oil fields of British North Sea for more than $2.5 billion, stated industry and banking sources. As per reliable sources, Chrysaor has signed up investment banks BMO …
France based multinational petroleum refining company, Total S.A., and the Mauritanian Ministry of Petroleum, Energy and Mines have reportedly inked an agreement which awards two new exploration and production contracts to Total for blocks C15 and C31, that are located offshore Mauritania. Apparently, these contracts …
The Industrial park, dubbed as the Spark, would generate 100,000 direct & indirect jobs once completed. The park, named after the King of Saudi Arabia, would be spanning across a 50-sq. km area. Saudi Aramco, the largest crude producing company in the world, has reportedly …
The expansion will offer Shell added wet gas production and a pipeline from Fulmar Gas Line (FGL) to Shearwater British-Dutch oil and gas conglomerate, Royal Dutch Shell has recently announced plans to develop the Shearwater gas hub in the North Sea, making it the company’s seventh …
Petronet aims to ink a deal within a year to purchase at least 1 million tons of U.S. natural gas on an annual basis. Move comes as a part of an ongoing effort to diversify sources of supply beyond the Middle East. Petronet LNG Limited …
The country loaded 6.5 million tons of LNG for exports in November 2018, overtaking Qatar’s 6.2 million tons sent in the same period. Australia has recently surpassed Qatar by becoming the world’s largest exporter of LNG (liquefied natural gas) for the first time. The rise …
BP and Abu Dhabi based Mubadala Investment are apparently buying stakes in the Nour gas concession in offshore North Sinai. The purchase has, as per reports, had been approved by Egypt’s petroleum minister. For the record, Nour is situated near the Zohr gas field, in …