Company Insights QatarEnergy Oil & Gas Latest QatarEnergy DevelopmentsAI Insights QatarEnergy’s CEO has expressed concerns that crude oil prices below $60 a barrel could hinder investments in the global oil sector. The company continues to focus on supplying its liquefied natural gas primarily to Asia amid competition from the US1. It aims to more than double its production capacity of plastics raw materials to leverage growth in the chemical industry. It expects its US ethane cracker joint venture with Chevron Phillips Chemical to commence operations in the first quarter of 2027. The North Field East natural gas expansion will begin production in mid-20262. QatarEnergy’s North Field East project will increase liquefied natural gas production from 77 million metric tons to 126 million metric tons by 2027. The company will start exports from the US once the Golden Pass project is online at the end of 20253. The company has invested more than $30 billion in the US with significant participation in the Golden Pass liquefied natural gas project. This project, primarily owned by the company, is expected to officially open in early 20264. It is engaging in negotiations with Japanese firms for a long-term liquefied natural gas supply deal from its North Field expansion. This potential agreement aims to strengthen its presence in Japan, facing stiff competition from other suppliers like the US and Gulf nations5. 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 Banking and Finance Why government-related debt is worth a punt Debt sales by government-related entities (GRE) in the Gulf, such as Saudi Electricity Co and Abu Dhabi’s Mubadala Investment Co, offer better investor value than their sovereigns, experts say. Gulf foreign currency sales of conventional and sukuk (sharia-compliant bonds) rose 9 percent to $72.4 billion in the five months to May 31, compared with the […] June 11, 2025 Oil & Gas UK’s Wood secures $100m contract to lower Iraq gas flaring UK engineering company Wood Group has secured decarbonisation contracts worth $100 million for flare gas reduction across the largest oil fields in Iraq. The contracts include brownfield engineering, procurement and construction services, as well as modifications to enhance operational efficiency and minimise environmental impact, supporting Iraq’s commitment to reduce gas flaring by 78 percent by […] May 29, 2025 Oil & Gas Qatar warns low oil price may hurt AI power needs Crude prices falling below $60 a barrel would have a detrimental effect on global oil sector investment, and on fast-growing, energy intensive industries such as data centres and artificial intelligence, Qatar’s energy minister has said. “If oil prices decline below $60, there is definitely going to be a decline in investments,” Saad Al-Kaabi said at an […] May 22, 2025 Petrochemicals QatarEnergy prepares for chemicals growth QatarEnergy plans to more than double its capacity for plastics raw materials globally as it anticipates growth in the chemical industry, CEO Saad Al-Kaabi said on Wednesday. The state-owned company expects its US ethane cracker project to start production in the first quarter of 2027, Al-Kaabi told the World Gas Conference. The project, a joint […] May 21, 2025 Oil & Gas Qatar’s gas project expansion to begin output in mid-2026 Qatar’s North Field East natural gas expansion project will begin production in mid-2026, QatarEnergy CEO Saad Al-Kaabi said in a statement on Tuesday. Al Kaabi told Reuters in 2023 that production at the North Field expansion will begin in 2026 with new trains coming online “every few months”. State-owned QatarEnergy has signed a string of supply deals with European and Asian partners in its massive North Field expansion project, […] May 21, 2025 Oil & Gas Qatar’s investment in US tops $30bn, says minister Qatar has invested more than $30 billion in various projects in the US, the country’s energy minister has said. Saad Al-Kaabi said that the Doha government’s investment is mostly in the Golden Pass LNG project in Texas, which is 70 percent owned by QatarEnergy and 30 percent by ExxonMobil, CNBC Arabia reported. US President Donald Trump […] May 15, 2025 Infrastructure Qatar to build $4bn power and water facility Qatar is to build a new power and water facility to meet the needs of a growing population and economic expansion. Qatar General Electricity and Water Corporation (Kahramaa) has signed an agreement with the Luluah Sky Energy Holding consortium to build the 2,400 megawatt (MW) and 110 million gallons per day (MGD) Ras Abu Fontas […] May 13, 2025 Oil & Gas QatarEnergy in talks with Japan on long-term LNG supply One of the world’s biggest liquefied natural gas suppliers, QatarEnergy, is in talks with Japanese firms for a long-term deal to supply LNG from its North Field expansion project, five trading and industry sources told Reuters. Under the deal, Qatar would supply a consortium of Japanese importers and a volume of at least 3 million […] May 2, 2025 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 Posts navigation 1 2 … 11 Next
Analysis Banking and Finance Why government-related debt is worth a punt Debt sales by government-related entities (GRE) in the Gulf, such as Saudi Electricity Co and Abu Dhabi’s Mubadala Investment Co, offer better investor value than their sovereigns, experts say. Gulf foreign currency sales of conventional and sukuk (sharia-compliant bonds) rose 9 percent to $72.4 billion in the five months to May 31, compared with the […] June 11, 2025
Oil & Gas UK’s Wood secures $100m contract to lower Iraq gas flaring UK engineering company Wood Group has secured decarbonisation contracts worth $100 million for flare gas reduction across the largest oil fields in Iraq. The contracts include brownfield engineering, procurement and construction services, as well as modifications to enhance operational efficiency and minimise environmental impact, supporting Iraq’s commitment to reduce gas flaring by 78 percent by […] May 29, 2025
Oil & Gas Qatar warns low oil price may hurt AI power needs Crude prices falling below $60 a barrel would have a detrimental effect on global oil sector investment, and on fast-growing, energy intensive industries such as data centres and artificial intelligence, Qatar’s energy minister has said. “If oil prices decline below $60, there is definitely going to be a decline in investments,” Saad Al-Kaabi said at an […] May 22, 2025
Petrochemicals QatarEnergy prepares for chemicals growth QatarEnergy plans to more than double its capacity for plastics raw materials globally as it anticipates growth in the chemical industry, CEO Saad Al-Kaabi said on Wednesday. The state-owned company expects its US ethane cracker project to start production in the first quarter of 2027, Al-Kaabi told the World Gas Conference. The project, a joint […] May 21, 2025
Oil & Gas Qatar’s gas project expansion to begin output in mid-2026 Qatar’s North Field East natural gas expansion project will begin production in mid-2026, QatarEnergy CEO Saad Al-Kaabi said in a statement on Tuesday. Al Kaabi told Reuters in 2023 that production at the North Field expansion will begin in 2026 with new trains coming online “every few months”. State-owned QatarEnergy has signed a string of supply deals with European and Asian partners in its massive North Field expansion project, […] May 21, 2025
Oil & Gas Qatar’s investment in US tops $30bn, says minister Qatar has invested more than $30 billion in various projects in the US, the country’s energy minister has said. Saad Al-Kaabi said that the Doha government’s investment is mostly in the Golden Pass LNG project in Texas, which is 70 percent owned by QatarEnergy and 30 percent by ExxonMobil, CNBC Arabia reported. US President Donald Trump […] May 15, 2025
Infrastructure Qatar to build $4bn power and water facility Qatar is to build a new power and water facility to meet the needs of a growing population and economic expansion. Qatar General Electricity and Water Corporation (Kahramaa) has signed an agreement with the Luluah Sky Energy Holding consortium to build the 2,400 megawatt (MW) and 110 million gallons per day (MGD) Ras Abu Fontas […] May 13, 2025
Oil & Gas QatarEnergy in talks with Japan on long-term LNG supply One of the world’s biggest liquefied natural gas suppliers, QatarEnergy, is in talks with Japanese firms for a long-term deal to supply LNG from its North Field expansion project, five trading and industry sources told Reuters. Under the deal, Qatar would supply a consortium of Japanese importers and a volume of at least 3 million […] May 2, 2025
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
