Qatar Petroleum

Cyprus sets end 2018 date

Washington - Muslimchronicle

Cyprus will know by the end of 2018 if it has exploitable offshore gas reserves after several more test drills are carried out, the island's Energy Minister George Lakkotrypis said Monday. "Over the next 12 months, we expect to have either four or five drills, which will be extremely important going forward," Lakkotrypis told a parliamentary committee. "At theRead more

Shell bets big on Brazil as oil majors snap up offshore blocks

Rio De Janeiro - Muslimchronicle

Oil major Royal Dutch Shell won half the blocks awarded in Brazil’s deepwater oil auction on Friday, while rival BP took two blocks and Exxon Mobil Corp. one in a historic opening of the pre-salt play to foreign operators. Brazil awarded six of the eight blocks on offer in the auction for the rights to pump oil from the country’sRead more

Qatar Petroleum Obtains License to Prospect for Oil and Gas

Rabat - Arab Today

Qatar Petroleum has obtained the licensing to prospect for oil and gas in Morocco’s southern costs, according to Moroccan news outlet Hespress. Moroccan authorities have extended the previous license for two-years to a consortium including Qatar Petroleum, American Chevron, Moroccan National Hydrocarbons and Mines Office (ONHYM), to operate the exploration of oil and gas in the seas surrounding southern Morocco.Read more

QP eyes stake in Eni's Mozambique gas business

London/Doha - Arab Today

Qatar Petroleum is interested in the Mozambique gas business of Italian energy group Eni and could opt to join ExxonMobil in buying a multibillion-dollar stake, sources familiar with the matter said. State-controlled Eni is looking to reduce a 50 percent stake in its giant Mozambique gas acreage as part of plans to sell 5 billion euros of assets over theRead more

Qatar Petroleum, Exxon eye giant Africa gas deal

New York - Arab Today

Exxon Mobil Corp. and Qatar Petroleum have teamed up to look at energy assets in Mozambique, home to some of the biggest natural-gas discoveries in a generation, according to four people with knowledge of their plans. The companies are considering buying stakes in gas fields owned by Anadarko Petroleum Corp. and Eni SpA, the people said, asking not to beRead more

Qatar Petroleum signs joint venture with Total to manage Al-Shaheen oil field

Doha - WAM

Qatar Petroleum, QP, on Monday signed a Joint Venture Agreement, JVA, with the multinational French oil and gas company, Total, to establish a new Qatari company to be known as the North Oil Company. that will develop and operate the Al-Shaheen oil field. According to the Qatar News Agency, QNA, the new company will be 70% owned by QP andRead more