http://www.worldoil.com WorldOil Fugro completes Phase 1 of site investigation contract for Qatargas North Field https://www.worldoil.com/news/2020/7/21/fugro-completes-phase-1-of-site-investigation-contract-for-qatargas-north-field Fugro has completed the first phase of their multidisciplinary offshore site investigation for Qatargas’ North Field Production Sustainability’s Compression Phase. Qatar signs $20B vessel contract to cement LNG leadership role https://www.worldoil.com/news/2020/6/1/qatar-signs-20b-vessel-contract-to-cement-lng-leadership-role The Gulf emirate entered into agreements with Daewoo Shipbuilding and Marine Engineering Co., Hyundai Heavy Industries Co. and Samsung Heavy Industries Co., according to a statement on Monday from state producer Qatar Petroleum. OPEC+ proves its mettle by swiftly delivering oil production cuts https://www.worldoil.com/news/2020/5/15/opecplus-proves-its-mettle-by-swiftly-delivering-oil-production-cuts Despite skepticism over the efficacy of the measures unveiled in mid-April by Saudi Arabia, Russia and their partners, compared to the immense hit to demand, the impact has been substantial. Oil prices have recovered by 60% in the past three weeks, as a pick-up in fuel use is complemented by the supply cuts. OPEC cuts Q2 demand estimates again while members make deeper cuts https://www.worldoil.com/news/2020/5/13/opec-cuts-q2-demand-estimates-again-while-members-make-deeper-cuts OPEC presented a bleaker assessment of global oil markets for the second quarter as the coronavirus crisis continues to drain demand, days after some of the cartel’s biggest producers pledged to make even deeper production cutbacks. Qatar positioned to risk an LNG battle that could mimic oil’s plunge https://www.worldoil.com/news/2020/5/12/qatar-positioned-to-risk-an-lng-battle-that-could-mimic-oil-s-plunge Hemmed in by weak demand and scarce storage, the world’s biggest exporter of liquefied natural gas may soon face a stark choice: curb output or ignite a battle for market share that has the potential -- just as in the oil market -- to turn gas prices negative. Sparrows Group’s cranes to support Qatargas’ North Field expansion https://www.worldoil.com/news/2020/2/19/sparrows-group-s-cranes-to-support-qatargas-north-field-expansion The project, awarded through engineering firm McDermott International, will see the firm deliver two of its EC750 cranes for installation on wellhead platforms, as well as an EC1000 crane for a riser platform. OPEC+ agrees to redistribute oil cuts under Saudi pressure https://www.worldoil.com/news/2019/12/6/opecplus-agrees-to-redistribute-oil-cuts-under-saudi-pressure OPEC+ will adjust its output target and redistribute production cuts between its members under pressure from Saudi Arabia. Biggest LNG producer targets 64% jump in output capacity by 2027 https://www.worldoil.com/news/2019/11/25/biggest-lng-producer-targets-64-jump-in-output-capacity-by-2027 Qatar, the world’s biggest supplier of liquefied natural gas, plans to boost output capacity by almost two thirds after it adds production facilities to exploit recently discovered reserves. Qatar joins Gulf producers in oil-price formula overhaul https://www.worldoil.com/news/2019/11/14/qatar-joins-gulf-producers-in-oil-price-formula-overhaul Qatar Petroleum is set to join most of its Persian Gulf counterparts and price its crude before loading instead of afterward from next year, according to people familiar with the plans. That Qatar pushing LNG expansion, even as global inventories grow https://www.worldoil.com/news/2019/10/9/qatar-pushing-lng-expansion-even-as-global-inventories-grow Shrugging off a global supply glut that’s left liquefied natural gas prices struggling to recover from a three-year low, the world’s biggest producer of the fuel said it’s on track to expand production.