Qatar Petroleum, ConocoPhillips to develop GTL project in Qatar

By OGJ editors

HOUSTON, Dec. 9 -- Qatar Petroleum and ConocoPhillips signed a statement of intent (SOI) in Doha Monday preparatory to construction of a world-scale gas-to-liquids plant in Ras Laffan Industrial City, Qatar.

The SOI initiates detailed technical and commercial preengineering studies and establishes principles for negotiating a heads of agreement (HOA) for the integrated reservoir-to-market GTL project. ConocoPhillips president and CEO Jim Mulva indicated that the participants expect to complete the HOA by yearend 2004.

The project "aims to ensure the optimal utilization of the country's hydrocarbon resources by setting up oil and gas-related projects and diversifying sources of national income," said Abdulla Bin Hamad Al-Attiyah, Qatar's second deputy prime minister and minister of energy and industry.

Qatar Petroleum and ConocoPhillips earlier this summer had signed an HOA establishing a joint venture to further develop the North natural gas field to support another LNG train¿ Qatargas 3¿at Ras Laffan, which is slated for start-up in 2008-09 (OGJ Online, July 11, 2003).

Related Articles

Gazprom lets contract for Russian gas processing plant

07/29/2015 OOO Gazprom Pererabotka Blagoveshchensk (GPB), a subsidiary of PJSC Gazprom, has partnered with NIPIgazpererabotka (Nipigaz), Moscow, on design and...

Petronas lets contract for Kanowit field FLNG work

07/29/2015 Malaysian state-owned Petronas has let a contract to France’s Technip for the engineering, procurement, construction, installation, commissioning, ...

Canada’s NEB approves Orca LNG export license

07/28/2015 Canada’s National Energy Board has approved an application by Orca LNG Ltd., Cypress, Tex., for a 25-year natural gas export license (OGJ Online, J...

Excelerate gets FERC okay for Aguirre offshore GasPort project

07/27/2015 Excelerate Energy LP, The Woodlands, Tex., has been granted authorization by the US Federal Energy Regulatory Commission, in cooperation with the P...

Egypt advances refinery modernization projects

07/27/2015 Egypt has finalized a series of joint agreements with a subsidiary of Technip SA, Paris, to provide work on projects designed to upgrade and modern...

Russia's NefteGazIndustriya advances refinery modernization

07/27/2015 NefteGazIndustriya LLC, through a project developer, has let a contract to CB&I, Houston, to provide equipment for work related to the moderniz...

ConocoPhillips plans further capex reduction for deepwater exploration

07/27/2015 ConocoPhillips reported plans to further reduce its capital expenditures for deepwater exploration, with the "most significant reductions"...

Watching Government: Latvia's gas challenges


Latvia reclaimed its independence when the Soviet Union broke up in 1991.

DOE official: LNG exports could be limited by silt-clogged waterways, ports

07/27/2015 Silt, which is increasingly filling US waterways and ports, potentially could limit US LNG exports if it is not dredged soon, a top US Department o...
White Papers

UAS Integration for Infrastructure: More than Just Flying

Oil and gas companies recognize the benefits that the use of drones or unmanned aerial systems (UAS) c...

Solutions to Financial Distress Resulting from a Weak Oil and Gas Price Environment

The oil and gas industry is in the midst of a prolonged worldwide downturn in commodity prices. While ...
Sponsored by

2015 Global Engineering Information Management Solutions Competitive Strategy Innovation and Leadership Award

The Frost & Sullivan Best Practices Awards recognise companies in a variety of regional and global...
Sponsored by

Three Tips to Improve Safety in the Oil Field

Working oil fields will always be tough work with inherent risks. There’s no getting around that. Ther...
Sponsored by

Pipeline Integrity: Best Practices to Prevent, Detect, and Mitigate Commodity Releases

Commodity releases can have catastrophic consequences, so ensuring pipeline integrity is crucial for p...
Sponsored by

AVEVA’s Digital Asset Approach - Defining a new era of collaboration in capital projects and asset operations

There is constant, intensive change in the capital projects and asset life cycle management. New chall...
Sponsored by

Transforming the Oil and Gas Industry with EPPM

With budgets in the billions, timelines spanning years, and life cycles extending over decades, oil an...
Sponsored by

Asset Decommissioning in Oil & Gas: Transforming Business

Asset intensive organizations like Oil and Gas have their own industry specific challenges when it com...
Sponsored by
Available Webcasts

Operating a Sustainable Oil & Gas Supply Chain in North America

When Tue, Oct 20, 2015

Short lead times and unpredictable conditions in the Oil & Gas industry can create costly challenges in supply chains. By implementing a LEAN culture of continuous improvement you can eliminate waste, increase productivity and gain end-to-end visibility leading to a sustainable and well-oiled supply chain.

Please join us for this webcast sponsored by Ryder System, Inc.


On Demand

Leveraging technology to improve safety & reliability

Tue, Sep 22, 2015

Attend this informative webinar to learn more about how to leverage technology to meet the new OSHA standards and protect your employees from the hazards of arc flash explosions.


The Resilient Oilfield in the Internet of Things World

Tue, Sep 22, 2015

As we hear about the hype surrounding the Internet of Things, the oil and gas industry is questioning what is different than what is already being done. What is new?  Using sensors and connecting devices is nothing new to our mode of business and in many ways the industry exemplifies many principles of an industrial internet of things. How does the Internet of Things impact the oil and gas industry?

Prolific instrumentation and automation digitized the industry and has changed the approach to business models calling for a systems led approach.  Resilient Systems have the ability to adapt to changing circumstances while maintaining their central purpose.  A resilient system, such as Maximo, allows an asset intensive organization to leverage connected devices by merging real-time asset information with other critical asset information and using that information to create a more agile organization.  

Join this webcast, sponsored by IBM, to learn how about Internet of Things capabilities and resilient systems are impacting the landscape of the oil and gas industry.


Taking the Headache out of Fuel License and Exemption Certificates: How to Ensure Compliance

Tue, Aug 25, 2015

This webinar, brought to you by Avalara, will detail the challenges of tax document management, as well as recommend solutions for fuel suppliers. You will learn:

-    Why it’s critical to track business partner licenses and exemption documents
-    The four key business challenges of ensuring tax compliance through document management
-    Best practice business processes to minimize exposure to tax errors


Emerson Micro Motion Videos

Careers at TOTAL

Careers at TOTAL - Videos

More than 600 job openings are now online, watch videos and learn more!


Click Here to Watch

Other Oil & Gas Industry Jobs

Search More Job Listings >>
Stay Connected