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

Western gulf lease sale attracts $110 million in high bids

08/20/2014 Gulf of Mexico western planning area Lease Sale 238 drew 93 bids from 14 companies over 81 blocks covering 433,823 acres, totaling $109,951,644 in ...

ConocoPhillips, Enap sign deal to study unconventional oil, gas in Chile

08/06/2014 ConocoPhillips and Chile’s state oil company Empresa Nacional del Petroleo (Enap) have signed a technical agreement to jointly conduct geological, ...

Oando completes purchase of Nigeria assets from ConocoPhillips

07/30/2014 Oando Energy Resources (OER), a Calgary-based subsidiary of Oando PLC, has completed its acquisition of the Nigeria upstream business of ConocoPhil...

ConocoPhillips, Suncor join Shell in deepwater exploration off Nova Scotia

06/11/2014

ConocoPhillips and Suncor Energy Inc. are joining Shell Canada as partners in exploring the deepwater Shelburne basin off Nova Scotia.

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