Qatar Petroleum and Maersk Oil Qatar recently agreed on a new plan for further development of Al Shaheen Field in Block 5, offshore Qatar, according to an OilVoice report. The work will commence immediately and continue through the next six years. The 2005 Field Development Plan (FDP) comprises of drilling of more than 160 additional production and water injection wells during the 6-year period, as well as establishment of three further offshore platform locations with production and accommodation facilities, totaling 19 new platforms - interconnected by subsea pipelines. The Al Shaheen field oil production will be gradually increased to a plateau level of 525,000 barrels/day from late 2009. As part of the 2005 FDP, Maersk Oil Qatar will also build and operate additional facilities for gathering and delivery of associated gas to Qatar Petroleum for utilization at their onshore plants. Source: OilVoice
ConocoPhillips and Qatar Petroleum International (QPI) announced that the two companies have signed a Memorandum of Understanding (MOU) to pursue and develop international energy projects outside of Qatar. The MOU was signed on behalf of QPI by His Excellency Abdullah bin Hamad Al-Attiyah, Deputy Prime Minister and Minister of Energy and Industry of Qatar, and by James J. Mulva, ConocoPhillips chairman and chief executive officer
Qatar Petroleum and Shell announced that the Pearl gas-to-liquids (GTL) plant, located in Ras Laffan Industrial City in the State of Qatar, has sold its first commercial shipment of GTL Gasoil. The sale marks the start of production of GTL products when the State of Qatar and Shell, the operator of the Pearl GTL plant, begin to receive revenue from the project. Over the coming months, production will ramp up from the first production unit (‘train’) of the Pearl GTL project
According to reports, Daewoo Shipbuilding has been tapped to build five LNG tankers LNG tankers valued at $1.20 billion for Qatar Liquefied Gas II which is a joint venture between Exxon Mobil Corp. and state-run Qatar Petroleum.
Speaking at the 19 World Petroleum Congress in Madrid, Mr. Tillerson outlined the challenge of supplying growing energy needs while minimizing the impact on the environment. “New energy technologies for energy supply, such as those enabling an increase in world LNG supplies, together with technologies to improve energy efficiency, will be critical in meeting the world’s energy challenge,” Mr. Tillerson said.
Qatar Gas Transport Company (Nakilat) signed a contract with two South Korean shipbuilders to construct the world's largest liquified natural gas (LNG) carriers at a cost of $2.5bn, according to a report from The Peninsula/Agencies. Nakilat said in a statement that it has ordered three "QMax" LNG carriers with a capacity of 265,000 cubic metres (9.3 million cubic feet) each from Daewoo Shipbuilding and Marine, and another three from Samsung Heavy Industries
It also delivers another jackup rig, WilBoss, ahead of schedule Keppel FELS Limited (Keppel FELS), a wholly-owned subsidiary of Keppel Offshore & Marine Limited (Keppel O&M), has completed the construction of its second jackup drilling rig for Gulf Drilling International Ltd (GDI), a joint venture between Qatar Petroleum (QP) and Japan Drilling Co., Ltd. (JDC). At a ceremony on 26 January 2008, the rig was named Al-Zubarah, after one of Qatar’s very important economic centres
Inking the deal for the second Gulf Drilling rig: (From left) Mr Nobuo Makabe, Deputy Managing Director/General Manager of Gulf Drilling International; Mr Yousif Rashid Al Khater, Managing Director of Gulf Drilling International; Mr Tong Chong Heong, Managing Director/Chief Operating Officer of Keppel Offshore & Marine; and Mr Michael Chia, Executive Director of Keppel FELS. Keppel FELS Limited (Keppel FELS) won a contract to build a $130 million jackup for Gulf Drilling International Ltd
Golden Pass Products LLC (GPP) affiliates Qatar Petroleum International (QPI) and ExxonMobil signed a framework agreement for the proposed liquefaction project at the Sabine Pass, Texas terminal. The agreement establishes a commercial framework to sell up to the full 15.6 million metric ton annual (MTA) output of the Golden Pass Products liquefaction project and provide shipping and sales opportunities to existing and new markets
Qatar Shipping Co. plans to buy two new vessels worth $24 million each. General manager Nasser Saeed al-Sulaitah said the decision to purchase the vessels, which would each transport 35,000 tons of clean petroleum products and petrochemical products, was made in light of the firm's plans to produce vinyl. He said the company has received offers from shipbuilding companies in South Korea, Japan and China and that the firm would study the offers and review their technical aspects
Today in U.S. Naval History - April 14 1898 - Commissioning of first Post Civil War hospital ship, USS Solace 1969 - North Korean aircraft shoots down Navy EC-121 reconnaissance aircraft from VQ-1 over the Sea of Japan 1988 - USS Samuel B. Roberts struck Iranian mine off Qatar
Royal Dutch Shell and the China National Petroleum Corp (CNPC) have signed a deal to boost cooperation in sectors like deep sea exploration as well as liquefied natural gas (LNG) and unconventional gas sources like shale, CNPC said on Wednesday.
The liquefied natural gas (LNG) tanker Umm Slal is expected to arrive at Britain's Milford Haven on April 15, according to shipping data on Reuters. The 261,000 cubic metre capacity ship is carrying LNG from Qatar and exited the Suez Canal into the Mediterranean Sea on Monday morning.
Qatar Gas Transport Co (Nakilat) said on Tuesday that a joint venture between it and Dutch shipbuilder Damen had won orders worth 3.1 billion riyals ($850 million) to build seven vessels for the Qatari armed forces. The vessels to be built by Nakilat Damen Shipyards Qatar comprise six
Reuters - Qatar Gas Transport Co (Nakilat), one of the world's largest shippers of liquefied natural gas, posted a 13 percent drop in fourth-quarter net profit on Tuesday. The company made a fourth-quarter profit of 176.5 million Qatar riyals ($48.5 million), down from 203
Qatari shipbuilder Nakilat Damen Shipyards Qatar (NDSQ) say they have delivered to Milaha the 32m-long tug 'Semesma', the eleventh vessel built in the State of Qatar by NDSQ to be utilized by Milaha at the Port of Mesaieed. ASD tug Semesma has a bollard pull of 80 tons and will be used for
Shell has announced an agreement to sell a 23% interest in the Parque das Conchas (BC-10) project offshore Brazil to Qatar Petroleum International for approximately $1 billion, subject to closing . The transaction is subject to approval by the National Petroleum and Gas Agency (ANP
Nakilat, Qatargas and RasGas Company Limited will convert a Q-Max vessel as a pilot project making it capable of running on LNG and reducing the ship’s exhaust gas and greenhouse gas emissions. Qatari shipping company Nakilat and Qatari LNG producers Qatargas and RasGas Company Limited
Qatari shipbuilder Nakilat Damen Shipyards Qatar (NDSQ) has laid the keels for two 16m-long Stan Tugs, part of a seven-vessel order for marine services provider Nakilat Svitzer Wijsmuller (NSW). A small ceremony to mark this important step in the shipbuilding process was held at NDSQ’s
Qatari shipbuilder Nakilat Damen Shipyards Qatar (NDSQ) has laid the keels for two 16-metre long Stan Tugs, part of a seven-vessel order for marine services provider Nakilat SvitzerWijsmuller (NSW). A ceremony to mark this step in the shipbuilding process was held at NDSQ’s facilities
Al Khalij Commercial Bank (al khaliji) QSC has provided financing for the two Nakilat shipyard joint ventures: Nakilat-Keppel Offshore & Marine (N-KOM) and Nakilat Damen Shipyards Qatar (NDSQ) for US $120m and US $40m respectively. Nakilat is a Qatari marine transport company providing the
Middle East shipyard Nakilat-Keppel Offshore & Marine (N-KOM) has won the Ship Repair/Shipyard award for the second consecutive year at the Seatrade Middle East & Indian Subcontinent Awards 2013. Abu Bakar Mohd Nor, CEO of N-KOM said
Strainstall Marine, a part of James Fisher and Sons plc, has secured a five-figure order to supply stress monitoring systems for Hyundai Samho Heavy Industries (HSHI) to be fitted aboard a new 405m floating drydock. The floating drydock hull number S708 is owned by Qatar Petroleum
Global refinery capacity increases vastly; typhoons deplete Japan oil stocks; and Qatari marketing sends signals on price direction, reports PIRA Energy Group's latest 'Weekly Oil Market Recap'. Big Increase in 2014 (and 2015) Global Refinery Capacity
Qatar Liquefied Gas Company Limited (Qatargas) and Petronas LNG (UK) Limited have signed a 5-year Sales and Purchase Agreement (SPA) for shipment of an annual LNG volume of 1.14 million tones, to the UK, effective January 2014. The LNG will be supplied from Qatargas 4 (Train 7)