Company Insights QatarEnergy Oil & Gas Latest QatarEnergy DevelopmentsAI Insights QatarEnergy has finalised a five-year liquefied natural gas deal with India's Gail. In this agreement QatarEnergy Trading, a subsidiary of QatarEnergy, will supply one cargo a month starting from April 20241. QatarEnergy signed a long-term agreement with Shell to supply three million tonnes of liquefied natural gas per year to China from January 20252. The company signed an agreement with TotalEnergies to increase its stakes in two exploration blocks off the coast of Namibia. It will hold 35.25 percent in block 2913B and 33 percent in block 2912 once regulatory approval is granted3. QatarEnergy also plans to acquire a 23 percent stake in an offshore block in Egypt from Chevron. Chevron will maintain a 40 percent interest in the North El-Dabaa Block4. The company entered into an agreement with Shell for the supply of up to 18 million tonnes of naphtha over 20 years starting from April 20255. QatarEnergy Overview QatarEnergy, formerly Qatar Petroleum, is Qatar’s state-owned petroleum company. It operates all oil and gas activities in Qatar, including exploration, production, refining, transport, storage, sales and delivery. Based in Doha, QatarEnergy is one of the world’s largest oil companies by both oil and gas reserves. Its onshore oil and gas field Dukhan produces crude oil, associated gas, condensate and non-associated gas. Offshore, crude oil and associated gas are produced from QatarEnergy’s Idd El-Sharqi, Maydan Mahzam, Bul Hanine and Al-Murjan fields. QatarEnergy is also one of the top exporters of liquified natural gas (LNG) through its QatarEnergy LNG subsidiary, which it says has the world’s largest fleet of LNG ships. QatarEnergy has signed numerous global exploration, development and production agreements with major oil and gas companies including Total, Maersk Oil Qatar, GDF Suez, China National Offshore Oil Corp, Exxon Mobil and Dolphin Energy. QatarEnergy News Analysis Oil & Gas Gulf oil investment ‘can weather price slump’ International oil prices may have fallen to their lowest in four years but that is unlikely to disrupt the exploration and production investment plans of Gulf national oil producers, energy analysts have said. But Middle East and North Africa producers outside the GCC may not be so lucky. Crude oil fell below $60 a barrel […] April 29, 2025 Renewable Energy Iraq imports 126,000 solar panels for ‘Sun of Basra’ project Iraq has imported more than 126,000 solar panels for its largest solar power park being built by France’s TotalEnergies, electricity minister Ziad Fadhil has said. Dubbed “Sun of Basra”, the project is part of a $27 billion contract and will generate at least 1,000 megawatts (MW) of electricity that will benefit 250,000 houses. The project […] April 25, 2025 Energy Kuwait enforces power cuts as demand outstrips capacity Kuwait temporarily cut electricity in some industrial and agricultural areas on Wednesday as demand for power surged due to hot weather, outstripping generating capacity that had been restricted by maintenance at power plants. Kuwait, a member of the Organization of the Petroleum Exporting Countries (Opec), last summer resorted to programmed load-shedding for the first time […] April 3, 2025 Oil & Gas QatarEnergy selects India’s L&T for gas project A subsidiary of state-owned QatarEnergy has reportedly awarded an engineering, procurement, construction and installation (EPCI) contract to India’s Larsen & Toubro for the second phase of the North Field Production Sustainability (NFPS) project. Larsen & Toubro Energy Hydrocarbon received a letter of intent from QatarEnergy LNG for the work, which has an estimated value of $4 […] March 25, 2025 Finance Gulf investments grow in Cyprus both onshore and off Sovereign wealth funds are eyeing up real estate while energy companies have set their sights on the sea March 14, 2025 Renewable Energy TotalEnergies starts building Iraq’s largest solar plant France’s TotalEnergies has started constructing Iraq’s largest solar power plant as part of a $27 billion energy deal it signed in 2023. The plant, based in the southern oil hub of Basra, has a production capacity of 1,000 megawatt (MW) and includes installing two million solar panels, the official news agency said, citing an Electricity […] March 7, 2025 Energy Aramco slashes blue ammonia output to reduce costs Saudi Aramco has scaled down its low carbon ammonia production target by 80 percent because of high costs and low demand. The company has adjusted its production objective from 11 million tonnes per annum (mpta) by 2030 to 2.5 mpta, it has said. The new target is still subject to the availability of commercially viable […] March 6, 2025 Opinion Energy Iraq must act fast to avoid a domestic energy crisis Things are never simple in the land of the two rivers but Baghdad needs solutions now February 18, 2025 Analysis Oil & Gas Cyprus-Egypt pipeline paves way for island’s gas industry After years of high hopes and false starts, Cyprus’s natural gas industry might finally be flowing after the island state agreed this week to pipe prospective gas to Egypt, which is likely to be exported to Europe in liquid form. The deal highlights the potential importance of Cypriot gas in the Eastern Mediterranean, particularly after […] February 18, 2025 Energy Iraq breaks ground on first facility to stop gas flaring A consortium comprising state-owned QatarEnergy has begun constructing the first processing facility for the associated gas from the Ratawi field in Iraq’s Basra region. The facility, part of the gas growth integrated Project (GGIP), will be developed at an investment of $250 million and will process 50 million cubic feet per day (cfd) of gas […] January 12, 2025 Posts navigation 1 2 … 10 Next
Analysis Oil & Gas Gulf oil investment ‘can weather price slump’ International oil prices may have fallen to their lowest in four years but that is unlikely to disrupt the exploration and production investment plans of Gulf national oil producers, energy analysts have said. But Middle East and North Africa producers outside the GCC may not be so lucky. Crude oil fell below $60 a barrel […] April 29, 2025
Renewable Energy Iraq imports 126,000 solar panels for ‘Sun of Basra’ project Iraq has imported more than 126,000 solar panels for its largest solar power park being built by France’s TotalEnergies, electricity minister Ziad Fadhil has said. Dubbed “Sun of Basra”, the project is part of a $27 billion contract and will generate at least 1,000 megawatts (MW) of electricity that will benefit 250,000 houses. The project […] April 25, 2025
Energy Kuwait enforces power cuts as demand outstrips capacity Kuwait temporarily cut electricity in some industrial and agricultural areas on Wednesday as demand for power surged due to hot weather, outstripping generating capacity that had been restricted by maintenance at power plants. Kuwait, a member of the Organization of the Petroleum Exporting Countries (Opec), last summer resorted to programmed load-shedding for the first time […] April 3, 2025
Oil & Gas QatarEnergy selects India’s L&T for gas project A subsidiary of state-owned QatarEnergy has reportedly awarded an engineering, procurement, construction and installation (EPCI) contract to India’s Larsen & Toubro for the second phase of the North Field Production Sustainability (NFPS) project. Larsen & Toubro Energy Hydrocarbon received a letter of intent from QatarEnergy LNG for the work, which has an estimated value of $4 […] March 25, 2025
Finance Gulf investments grow in Cyprus both onshore and off Sovereign wealth funds are eyeing up real estate while energy companies have set their sights on the sea March 14, 2025
Renewable Energy TotalEnergies starts building Iraq’s largest solar plant France’s TotalEnergies has started constructing Iraq’s largest solar power plant as part of a $27 billion energy deal it signed in 2023. The plant, based in the southern oil hub of Basra, has a production capacity of 1,000 megawatt (MW) and includes installing two million solar panels, the official news agency said, citing an Electricity […] March 7, 2025
Energy Aramco slashes blue ammonia output to reduce costs Saudi Aramco has scaled down its low carbon ammonia production target by 80 percent because of high costs and low demand. The company has adjusted its production objective from 11 million tonnes per annum (mpta) by 2030 to 2.5 mpta, it has said. The new target is still subject to the availability of commercially viable […] March 6, 2025
Opinion Energy Iraq must act fast to avoid a domestic energy crisis Things are never simple in the land of the two rivers but Baghdad needs solutions now February 18, 2025
Analysis Oil & Gas Cyprus-Egypt pipeline paves way for island’s gas industry After years of high hopes and false starts, Cyprus’s natural gas industry might finally be flowing after the island state agreed this week to pipe prospective gas to Egypt, which is likely to be exported to Europe in liquid form. The deal highlights the potential importance of Cypriot gas in the Eastern Mediterranean, particularly after […] February 18, 2025
Energy Iraq breaks ground on first facility to stop gas flaring A consortium comprising state-owned QatarEnergy has begun constructing the first processing facility for the associated gas from the Ratawi field in Iraq’s Basra region. The facility, part of the gas growth integrated Project (GGIP), will be developed at an investment of $250 million and will process 50 million cubic feet per day (cfd) of gas […] January 12, 2025
