Morrocco: Qatar Petroleum acquires stake permits from Eni

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

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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Mozambique Oil & Gas: Qatar Petroleum to acquire 10% interest in 3 offshore blocks from ExxonMobil

Mozambique Oil & Gas: Qatar Petroleum to acquire 10% interest in 3 offshore blocks from ExxonMobil

Qatar Petroleum entered into an agreement with an ExxonMobil affiliate to acquire a 10% stake in three offshore exploration blocks in the Angoche and Zambezi basins in Mozambique.

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

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 Oil & Gas: World’s LNG Giant Is Pumping $20 Billion Into US Oil, Gas

(Bloomberg) — Qatar Petroleum, the world’s biggest seller of liquefied natural gas, is looking to get even larger, investing $20 billion in America’s oil and gas fields at a time when rival U.S. exporters are expanding.

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Africa Oil & Gas: Qatar Petroleum buys 25% stake in Total gas block offshore South Africa

Qatar Petroleum, the world’s largest producer of liquefied natural gas (LNG), said it had entered into a deal with France’s Total to acquire a 25% stake in an exploration block offshore South Africa.

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Global Markets: China LNG imports hit record in December

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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Mozambique Oil & Gas: Qatar considers joining Exxon’s Rovuma gas move

Qatar Petroleum is interested in the Mozambique gas business of Italian energy group Eni and could opt to join Exxon Mobil in buying a multibillion-dollar stake, sources familiar with the matter said.

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

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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