Post Tagged with: "QP"

Source: Qatar Petroleum

Qatar Petroleum Partners with Total in Africa, South America

By Tyler Losier, Energy Reporter, Oil & Gas 360 Qatar Petroleum signs agreement to farm Total-held exploration acreage in Namibia, Guyana and Kenya Qatar Petroleum (QP), Qatar’s state-owned energy company, has signed an agreement with French supermajor Total SA (stock ticker: TOT), under which the company will farm into Total-held exploration acreage in Namibia, Guyana and Kenya. With regards to Namibia, a coastal nation bordering South Africa to the northwest, QP will gain access to two deep-water blocks located in the Orange Basin. For Block 2913B, Total will transfer QP a 30% interest, while retaining 40%. Other partners in the block are Impact Oil (20%), and Namcor (10%). For Block 2912, Total will transfer QP 28.33… Login or click here to subscribe Username or E-mail Password Remember Me     Forgot Password

Qatar Petroleum Buys Stake in Total’s Guyana Assets

Qatar Petroleum Buys Stake in Total’s Guyana Assets

From Reuters Qatar Petroleum said on Monday it had agreed a deal with Total (TOTF.PA) to acquire a stake in the French energy giant’s two oil and gas blocks offshore Guyana. Qatar Petroleum said it will hold 40% of Total’s 25% participating interest in the Orinduik block, and 40 percent of Total’s 25% participating interest in the neighboring Kanuku. The block’s other partners are Tullow Oil (TLW.L), with a 60% participating interest and EcoAtlantic with a 15% interest.  

McDermott Awarded Offshore Engineering Contract by Qatar Petroleum

McDermott Awarded Offshore Engineering Contract by Qatar Petroleum

McDermott Awarded Sizeable Offshore Engineering Contract by Qatar Petroleum

Source: Chevron Phillips

Chevron Phillips and Qatar Petroleum Team Up Again

By Tyler Losier, Energy Reporter, Oil & Gas 360 New $8 billion project would include 2,000 KTA ethylene cracker Petrochemical company Chevron Phillips – equally owned by Chevron Corporation and Phillips 66 – has formed another joint venture with Qatar Petroleum (QP), this time to build an $8 billion petrochemical plant in the Gulf Coast region of the United States. The U.S. Gulf Coast II Petrochemical Project (USGC II), as the new facility is being called, will feature a 2,000 KTA ethylene cracker and two 1,000 KTA high-density polyethylene units. “Qatar Petroleum is already a terrific partner of Chevron Phillips Chemical on petrochemical plants in Qatar and we look forward to expanding our relationship in the United State… Login or click here to subscribe

Source: Qatar Petroleum

Chevron Phillips and Qatar Petroleum Form JV

By Tyler Losier, Energy Reporter, Oil & Gas 360 Chevron Phillips to have 30% stake in new petrochemical plant Chevron Phillips Chemical Company LLC – equally owned by Chevron Corporation and Phillips 66 – and Qatar Petroleum (QP) have inked a deal for the development, construction and operation of a new petrochemicals complex in Qatar. The facility, to be built in Ras Laffan Industrial City, will produce ethylene and high-density polyethylene. It is expected to have a 1,900 KTA ethane cracker, the largest in the Middle East, and two high-density polyethylene derivative units with a combined capacity of 1,680 KTA. In total, the project is expected to raise Qatar’s current polyethylene production level 82% by Q4 2025. Sou… Login or click here to subscribe