http://www.worldoil.com WorldOil 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. Qatar seeks Exxon, Shell, other "big players" for gas expansion https://www.worldoil.com/news/2019/10/8/qatar-seeks-exxon-shell-other-big-players-for-gas-expansion Qatar has invited Exxon Mobil Corp., Royal Dutch Shell Plc, Total SA, ConocoPhillips and other “big players” to submit bids to help expand its part of the world’s largest natural gas field, Energy Minister Saad Sherida Al-Kaabi said. OPEC+ meets in Abu Dhabi, with deeper cuts off the agenda for now https://www.worldoil.com/news/2019/9/11/opecplus-meets-in-abu-dhabi-with-deeper-cuts-off-the-agenda-for-now Ministers from OPEC+ are gathering in Abu Dhabi with deeper production cuts off the agenda for now, but with a backdrop of growing concern about the strength of oil demand as the global economy slows. GulfDrill JV inks $656 million jackup contract with Qatar Petroleum https://www.worldoil.com/news/2019/8/16/gulfdrill-jv-inks-656-million-jackup-contract-with-qatar-petroleum Seadrill and Gulf Drilling International have entered into a 50:50 joint venture, GulfDrill, which will initially manage and operate five premium jackups in Qatar with Qatar Petroleum commencing throughout 2020. EIA: Australia is on track to become world’s largest LNG exporter https://www.worldoil.com/news/2019/8/12/eia-australia-is-on-track-to-become-world-s-largest-lng-exporter Australia is on track to surpass Qatar as the world’s largest LNG exporter, according to Australia’s Department of Industry, Innovation, and Science (DIIS). Australia already surpasses Qatar in LNG export capacity and exported more LNG than Qatar in November 2018 and April 2019. EIA: Iran drove unplanned OPEC production outage to highest levels since 2015 https://www.worldoil.com/news/2019/7/18/eia-iran-drove-unplanned-opec-production-outage-to-highest-levels-since-2015 EIA says unplanned crude oil production outages for OPEC averaged 2.5 MMbpd in the first half of 2019, the highest six-month average since the end of 2015.