Qatar ///

OPEC+ 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

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

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

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

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.

First oil

Kurt Abraham, World Oil

Another mixed outlook awaits the E&P sector

OPEC+ 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

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

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

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.

McDermott awarded sizeable offshore engineering contract by Qatar Petroleum

McDermott International, Inc., announced it has been awarded a sizeable contract by Qatar Petroleum (QP) to carry out front-end engineering and design (FEED) work for offshore wellhead platforms, pipelines and cables associated with the North Field Expansion (NFE) project.

Sparrows Group wins first rigging maintenance contract in Qatar

Sparrows Group has been awarded their first contract for the provision of rigging loft maintenance services in Qatar.

McDermott awarded large offshore EPCI contract by Qatargas

McDermott International, Inc. has announced a large* contract award from Qatargas for engineering, procurement, construction and installation (EPCI) for expansion of the North Field offshore facilities in the State of Qatar.

BHGE strengthens presence in Qatar across fullstream operations

Baker Hughes, a GE company (BHGE), the world’s first fullstream oil and gas company, has signed a Memorandum of Understanding (MoU) with Qatar Petroleum (QP) to unlock new opportunities to expand its presence in the country and to support Qatar Petroleum’s Tawteen Program.

Qatar Petroleum launches energy sector localization program - Tawteen

His Excellency Sheikh Abdullah Bin Nasser Bin Khalifa Al-Thani, the Prime Minister and Interior Minister, launched Qatar Petroleum’s Localization Program for Services and Industries in the Energy Sector “Tawteen” – an initiative to enhance localizing the sector’s supply chain and expand the small and medium enterprises base.

Qatar Petroleum signs agreement to acquire interest in three offshore oil Fields in Mexico

Qatar Petroleum entered into an agreement with Eni to acquire a 35% participating interest in three offshore oil Fields in Mexico.

Qatar buys Mexico oil stakes from Italy's Eni after leaving OPEC

Qatar Petroleum is buying stakes in three offshore oil blocks in Mexico from Eni SpA, as the Arab country signs another global expansion deal after leaving OPEC.

Opinion: Qatar leaving is an ominous sign for OPEC

The immediate question raised by Qatar leaving OPEC is, of course, what to call this? Qatarexit, or even Qatexit, sound wrong. Qatar-ta-for-now has a nice ring to it, even if it’s a tad unwieldy. Maybe just go with Qatout.

Oil jumps most since June on Saudi-Russian Pact, trade war truce

Oil surged the most in more than five months as Saudi Arabia and Russia extended a cooperation pact and U.S.-China trade tensions cooled. Unprecedented supply cuts in Canada also drove prices higher.

Qatar to leave OPEC as politics finally rupture cartel

Qatar said it will leave OPEC next month, a rare example of the toxic politics of the Middle East rupturing a group that had held together for decades through war and sanctions.