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Qatar Energy

Company Summary

Description

Qatar Energy is a state-owned public corporation established by Emiri Decree No. 10 in 1974. It is responsible for all phases of the oil and gas industry in the State of Qatar. T

Website

https://qp.com.qa/en/Pages/Home.aspx

Operational Regions

  • Middle East

Related Entities

Recent news

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  • 4/28/2022 - U.S. Department of... (subscriber access)
  • 4/22/2022 - Pakistan Snags Four LNG... (subscriber access)
  • 4/21/2022 - Qatar Energy Considering... (subscriber access)
  • 4/18/2022 - QatarEnergy Signs... (subscriber access)

Company Transactions

Date: 12/31/2021
Type: Acquisition

BUYERS:
  • Qatar Energy
    • SELLERS:
  • Energas Pvt Ltd.
    • PROJECTS:
  • Port Qasim LNG Import Terminal (Energas)
    • DETAILS:
    NOTES:
    Qatar Energy has been given the approval to purchase a 49% equity stake in a planned private LNG import terminal in Pakistan. This would mark Qatar's first investment into Pakistan's energy markets.
    REGIONS:
  • Asia

    • Date: 10/25/2021
    Type: Acquisition

    BUYERS:
  • Qatar Energy
    • SELLERS:
  • ExxonMobil Corporation
    • DETAILS:
    NOTES:
    QatarEnergy has acquired a 40% stake in one of Exxon's offshore Canadian exploration fields, specifically license EL 1165A. The initial exploration well will be drilled off the coast of Newfoundland and Labrador and this is Qatar's first entry into offshore Canada.
    REGIONS:
  • Offshore Canada

    • Date: 3/11/2019
    Type: Acquisition

    BUYERS:
  • Qatar Energy
    • SELLERS:
  • Eni SpA
    • DETAILS:

    VOLUMES: 25.5 Percent

    NOTES:
    Qatar Petroleum acquired a 25.5% participating interest in block A5A in the Angoche Basin offshore Mozambique from Eni.
    REGIONS:
  • Africa

    • Date: 12/16/2018
    Type: Acquisition

    BUYERS:
  • Qatar Energy
    • SELLERS:
  • Eni SpA
    • PROJECTS:
  • Area 1 Development Project- Offshore Mexico
    • DETAILS:

    VOLUMES: 35 Percent

    NOTES:
    Qatar Petroleum acquired a 35% stake in Area 1, offshore Mexico from Eni, who will continue as operator
    REGIONS:
  • Gulf of Mexico - Mexican Waters

    • Date: 2/5/2018
    Type: Acquisition

    BUYERS:
  • Qatar Energy
    • SELLERS:
  • TotalEnergies
    • DETAILS:
    NOTES:
    Total has signed an agreement to sell a 25% interest in the Exploration Block 11B/12B, offshore South Africa, to Qatar Petroleum.
    REGIONS:
  • Africa