Qatar Enlists Big Oil for Mega LNG Project

Within the span of roughly two weeks, state-owned QatarEnergy has tapped supermajors from across the globe to lend a hand in the development of its mega LNG project in Qatar’s North Field East.

Pietro
Pitts
Hart Energy
Qatar Enlists Big Oil for Mega LNG Project

The initial project and others in the Middle Eastern country offer significant opportunities for U.S. companies looking to offer products and services related to the LNG production process, according to the Washington-based International Trade Administration (ITA). (Source: QatarEnergy)

State-owned QatarEnergy has enlisted a growing number of global supermajors in a relatively short period for the development of the world’s largest LNG project set to boost Qatar’s position as the world’s top LNG exporter.

European companies Eni SpA and TotalEnergies SE plus U.S.-based ConocoPhillips Co. and Exxon Mobil Corp. have all agreed, within the span of roughly two weeks, to participate in the four train North Field East (NFE) expansion project, which when completed will increase Qatar’s LNG production by 32 million tonnes per annum (mtpa) in 2026.

The expansion project comes as global energy markets are struggling to boost supply impacted by Russia’s invasion in the Ukraine. The initial project and others in the Middle Eastern country offer significant opportunities for U.S. companies looking to offer products and services related to the LNG production process, according to the Washington-based International Trade Administration (ITA).

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Pietro Pitts

Pietro Donatello Pitts is a senior energy reporter for Hart Energy. He covers Latin America and the Caribbean as well as regions from North America to Europe, Africa and Asia. He covers topics spanning from the upstream, midstream and downstream sectors to the energy transition and geopolitical events impacting the global energy sector.

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