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PR: 4
| ConocoPhillips In 2003, ConocoPhillips and Qatar Petroleum signed a Heads of Agreement to develop Qatargas 3, a large-scale LNG project in Ras Laffan Industrial City, Qatar. The integrated project comprises upstream natural gas production facilities to produce approximately 1.4 gross BCFD of natural gas over the 25-year life of the project, as well as an initial average of approximately 70 MBD gross of liquefied petroleum gas and condensate combined from Qatar’s North field. In December 2005, the onshore engineering, procurement and construction (EPC) contract for the project was awarded, marking the final investment decision for the project. The EPC contract covers the requirements for a large-scale LNG train, with a nameplate capacity of 7.8 million gross tons per annum. The LNG will be shipped from Qatar in a fleet of large, state-of-the-art LNG carriers and is destined for sale primarily in the United States. - Read more http://www.conocophillips.com/about/worldwide_ops/country/middle_east/qatar.htm |
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| Maersk Oil "In 1992, Maersk Oil entered into an Exploration and Production Sharing Agreement with Qatar Petroleum on behalf of the Government of Qatar. Under the agreement, Maersk Oil would evaluate the possibilities of establishing commercial oil production from Block 5 - an area of originally 3,500 square kilometres offshore Qatar. The exploration and exploitation rights include all Block 5 geological formations above the Khuff Formation, which contains the ""North Field"". In 2004 Maersk Oil entered into an Exploration and Production Sharing Agreement for Block 5 Extension Area, applicable for the reservoirs in Block 5, covering an area of 139 square kilometres north of Block 5. In December 2005, Maersk Oil Qatar and Qatar Petroleum agreed on a plan for further development of the Al Shaheen Field offshore Qatar. The 2005 Field Development Plan (2005 FDP) comprises drilling of more than 160 additional production and water injection wells during a 6-year period from 2006, as well as establishment of three additional offshore platform locations with production and accommodation facilities - 15 new platforms in total - interconnected by sub sea pipelines." - Read more http://www.maerskoil.com/en/AreasOfActivity/Qatar/Pages/Qatar.aspx |
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| Shell Qatar Qatar Petroleum and Shell (30 per cent) are together building the Qatargas 4 Liquefied Natural Gas (LNG) project. Shell has established a world-class research and development facility and a learning centre at the Qatar Science & Technology Park. We call this facility the Qatar Shell Research & Technology Centre. Shell has been appointed by Qatar Gas Transport Company (known as Nakilat) as shipping and maritime services provider for one of the most significant fleets in the global LNG business. A key element of the agreement is the commitment to develop Nakilat's shipping expertise. - Read more http://www.shell.com/home/content/qatar/about_shell/about_qatar_18092003_1150.html |
NEITI: Towards better management of nation's oil and gas resources - Vanguard
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Bright Promise from the Mining Sector - Liberian Daily Observer
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Prosper or Plunder? Extractive Industries' Checkered Past With Development - Huffington Post (blog)
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