Qatar Petroleum
Qatar Petroleum, Maersk Oil Qatar Agree on Further Developments
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, Qatar Petroleum Sign MOU
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 Orders World’s Largest LNG Ships
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
Daewoo to Build 5 LNG Tankers
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.
ExxonMobil Chief Touts Q-Max Advantage
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.
Pearl GTL Plant Open for Business
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
Qatar Shipping To Buy Two Vessels
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
Keppel FELS Wins $130M Rig Order
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
Keppel FELS Completes Singaporean Project
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
Golden Pass Announce Agreement to Export Gas to U.K.
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
Russian Arctic LNG May Ship to Europe
The partners in Russia 's Yamal LNG project are in talks to ship cargoes to Britain & northwest Europe in winter, when heavy sea ice clogs routes to Asia. Under the plan, a fleet of around 14 LNG ice-breaking vessels will deliver Arctic gas from the project offshore northwest Siberia to
Polar Petroleum Appoints ARCO Alaska Veteran
Polar Petroleum Corp. appointed Mr. Donald W. Brizzolara to the Company's Advisory Board as Chief Geological Advisor. Mr. Brizzolara represents 25 years of experience in oil and gas exploration and development, geology and consulting experience for firms such as ConocoPhillips and Shell.
IPIC Takes Over Chairmanship of Gulf Energy Maritime
Abu Dhabi Government-owned investment group, International Petroleum Investment Company’s (IPIC) Khalifa Abdulla Al Romaithi, Head of Portfolio Management Division, has taken over chairmanship of Gulf Energy Maritime PJSC (GEM), from Saeed Abdulla Khoory
Kanoo to Reveal Latest Developments at Services Show
Kanoo Shipping – an offshore and marine services provider in the Middle East, operating throughout Saudi Arabia, Bahrain, UAE, Oman, Qatar, Yemen, Iraq and Sudan – will be present at the Saudi International Marine Services Show -2013 to demonstrate various services provided by the
Subtech Wins Qatar Subsea Services Contract
Mermaid's Subtech Qatar Diving & Marine Services unit wins US$ 25-million contracts from international upstream oil & gas operator. This contract will be performed utilizing Mermaid’s specialized DP Barge ‘Mermaid Siam’ and its associated saturation diving system and
Atlantic Petroleum to Gain Foothold Offshore Norway
Atlantic Petroleum gains entry to Norwegian Continental Shelf energy exploration through acquisition of Emergy Exploration AS. Atlantic Petroleum has issued a voluntary offer for 100% of the shares in Emergy Exploration AS, an independent
MARAD: Jones Act Waiver Reporting Requirements
Maritime Administration Reporting Requirements For The Special Purpose Jones Act Waiver. Hurricane Sandy Special-Purpose Jones Act Waiver Reports to Maritime Administration as Required by Waiver On November 2, 2012, the Department of Homeland Security
Smit Lamnalnco Bags Dubai Maritime Award
Smit Lamnalco recognised for services to the oil & gas terminal industries at the annual Seatrade Middle East & Indian Subcontinent Awards in Dubai, U.A.E. The company, which operates over 50 terminal contracts, operates and crews over 190 vessels in 31 countries and employs close to 3
UAE to Generate 9.4 Billion by 2014
UAE to generate logistics revenues in excess of USD 9.4 billion by 2014 to lead growth of regional logistics and supply chain sector. International cargo demand in Middle East to expand 4.9 per cent by 2016 Barloworld unveils growth plans focusing on strengthening
Crowley’s Solutions Group Appoints VP
VP brings experience in offshore oil & gas, LNG, engineering and other maritime related industries. Crowley Maritime Corporation’s solutions group recently named Farhad Rajabi vice president of its project management team. He will work out of the group’s Houston office and
More Arctic Norwegian Shelf Resources Mapped
The Norwegian Petroleum Directorate’s (NPD’s) mapping of the southeastern Barents Sea and the area surrounding Jan Mayen shows 15% increase. The increase will result in an approximate increase of 15 per cent in the estimates of undiscovered resources on the Norwegian shelf which
OSBV Expand OAS Operations in Qatar
Offshore Solutions BV (OSBV), the joint venture between AMEC and Cofely Nederland NV was awarded a Variation Order (VO) to its existing contract with Qatar Shell GTL Limited (Shell Qatar) for a second Offshore Access System (OAS), bringing its operational units with oil and gas majors in the
Qatar Shell Order Offshore Solution's OAS
Offshore Solutions expand its Offshore Access System (OAS) operations in Qatar with another contract. Offshore Solutions BV (OSBV), the joint venture between AMEC and Cofely Nederland NV, continues to build on recent successes in The Gulf, after being awarded a Variation Order (VO) to its
Finland to Develop LNG Import Terminal
On a visit to Qatar, Finland's PM conferred with government officials about the future import of LNG to serve neighbouring countries. According to the 'Gulf Times' Finnish company Gasum plans to build an LNG terminal that will serve as a distribution hub to other European countries and for
Scana to Supply FPSO Mooring Winches
Scana Industrier ASA subsidiary, Scana Offshore Vestby, has signed a winch supply contract with UK-based Dana Petroleum. The contract is for delivery of mooring winches for Dana Petroleum's new floating production, storage and offloading vessel (FPSO) which will be used in their Western Isles