Qatar Petroleum Takes Over Pair of Offshore Fields from Oxy
As Oxy looks to divest billions in assets and focus more on its prime US shale fields, it sheds itself of the ISND and ISSD fields off the eastern coast of Doha. In announcing the lease loss last year, Oxy said the fields need significant infrastructural investment.
Qatar, Exxon Mobil Agree to Sanction Golden Pass Expansion
The $10-billion deal will add liquefaction and export capabilities to the existing facility in Sabine Pass, Texas, according to a Reuters report. Golden Pass currently handles up to 2 Bcf/D of natural gas imports to North American markets.
McDermott and Nakilat-Keppel Marine Enter 5-Year Agreement in Qatar
McDermott and Nakilat-Keppel Offshore Marine (N-KOM) agreed to an exclusive cooperation agreement for offshore engineering, procurement, construction, and installation projects within Qatari waters.
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