Qatar Petroleum

Morrocco: Qatar Petroleum acquires stake permits from Eni

Posted on by Mozambique Resources Post
Morrocco: Qatar Petroleum acquires stake permits from Eni

Qatar Petroleum is expanding its global portfolio entering into an agreement with Eni to acquire a 30 percent participating interest in the Tarfaya Shallow Exploration Permit off Morocco. The company noted it is a series of 12 neighboring offshore blocks along the Atlantic coast of Morocco. Following regulatory approvals, the partners holding a participating interest in the Tarfaya shallow exploration permit will be affiliates of each of Eni (operator) with a 45 percent participating interest,…

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Mozambique: QP signs pact with Eni to acquire 25.5% stake in exploration block

Posted on by Mozambique Resources Post
Mozambique: QP signs pact with Eni to acquire 25.5% stake in exploration block

Qatar Petroleum (QP) has entered into an agreement with Italy’s Eni to acquire a 25.5 percent participating interest in block A5A, located in the Angoche basin, offshore the Republic of Mozambique, the company announced in a statement on Monday.

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Global Oil & Gas: Saudi Arabia OPEC Manipulation Behind Qatar’s Sudden Exit

Posted on by Mozambique Resources Post
Global Oil & Gas: Saudi Arabia OPEC Manipulation Behind Qatar’s Sudden Exit

Qatar announced its withdrawal from OPEC on Monday, after nearly six decades inside the group. The Qatari government said it was for “technical” reasons; mainly to focus on natural gas production. But a member of the ruling family also criticized OPEC, which seemed to undercut the official reason for the country’s exit. “The withdrawal of Qatar from OPEC is a wise decision, as this organization has become useless and does not bring us anything,” said former prime…

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Global Markets: China LNG imports hit record in December

Posted on by Mozambique Resources Post

China’s liquefied natural gas (LNG) imports hit a record high in December, customs data showed on Monday, driven up as the country pushes towards cleaner fuels.  The world’s No.2 economy shipped in 3.73 million tonnes of LNG in December, topping the previous record of 2.66 million tonnes in November and up from 2.10 million tonnes a year ago, the General Administration of Customs said.

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Oil & Gas Markets: Exxon said to join Qatar to Look at Giant Mozambique gas deal

Posted on by Mozambique Resources Post

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 be identified because the matter is confidential. They have a strong relationship and often discuss potential investments,…

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