Qatar Petroleum has awarded the “detail design" to "approved for construction” status for the offshore jackets of the new North Field Expansion Project to McDermott.
Qatar’s North Field expansion is moving full steam ahead to achieve the targeted 100mn tonnes natural gas production, QP’s president and CEO Saad Sherida al-Kaabi said.
Qatar's decision to enhance liquefied natural gas (LNG) production by 30% to 100mn tonnes per annum (Mta) makes "strong" commercial sense and it could lift Doha's market share in global LNG market, according to BMI.
Qatar Petroleum (QP) has signed an agreement with Chiyoda Corporation to conduct a detailed study to identify the modifications that are required for debottlenecking the capacity of Qatar’s LNG trains.
The Qatar Stock Exchange appears to be not enthused by the country’s lifting of moratorium on North Field as it fell 54 points on Monday.