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2017-06-26 23:30:00

QATAR - EXXON COOPERATION

QATAR - EXXON COOPERATION

REUTERS - The emir of Qatar met with Exxon Mobil Corp (XOM.N) chairman and CEO Darren Woods in Doha on Saturday for talks on "cooperation," state news agency QNA reported, following a rift between four Gulf states and Qatar that has raised worries about energy supplies.

Saudi Arabia, the United Arab Emirates, Bahrain and Egypt on Monday cut ties with Qatar, accusing the country of supporting extremism. Qatar denies the allegations.

QNA said the Emir, Sheikh Tamim bin Hamad al-Thani, met with Woods and ExxonMobil Qatar General Manager Alistair Routledge at the Al-Bahar Palace.

"During the meeting, they discussed bilateral cooperation relations and means to develop them in addition to the latest developments in the energy sector," the agency said.

Qatar and Exxon have had development agreements for more than a decade, with Exxon helping Qatar to become the world's largest LNG exporter. Exxon, working with government-controlled energy company Qatar Petroleum [QATPE.UL], has invested in LNG-processing plants, transport ships and related infrastructure.

Exxon said earlier this month that production and exports of liquefied natural gas from Qatar have not been affected by the row.

The growing diplomatic dispute has raised concerns about global access to Qatar's LNG, especially after some regional ports in the Gulf said they would not accept Qatari-flagged vessels.

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Earlier:

QATAR: 

RUSSIA - QATAR COMPETITION 

QATAR WILLING TO SPEAK 

QATAR'S GDP UP TO 2.7% 

QATAR'S INVESTMENT TO RUSSIA 

QATAR'S RATINGS "AA" 

QATAR LNG UP 50% 

IRAN & QATAR COMPETITION

 

EXXON: 

EXXON NET INCOME $4 BLN 

EXXON INVESTMENTS: $22 BLN 

DEDICATION TO EXXONMOBIL 

QATAR & EXXON PROJECT 

SHELL & EXXON COMPETITION 

EXXON NET INCOME DOWN 50% 

EXXON CHOOSE NOT TO LOOSE

 

 

 

 

Tags: QATAR, EXXON, LNG, GAS

Chronicle:

QATAR - EXXON COOPERATION
November, 22, 11:05:00

NIGERIA & CHEVRON PROJECT &1.7 BLN

Nigerian National Petroleum Corporation (NNPC) and Chevron Nigeria Limited (CNL) have executed the second and final phase of an Alternative Financing Agreement that would increase crude oil production in the country by about 39,000 barrels per day.

QATAR - EXXON COOPERATION
November, 22, 11:00:00

MAERSK-AKER-HALLIBURTON ALLIANCE

OGJ - Maersk Drilling and Aker BP announced a drilling rig alliance based on a tripartite collaboration model that also includes service provider Halliburton Co.

QATAR - EXXON COOPERATION
November, 20, 09:35:00

OIL PRICE: ABOVE $62 YET

REUTERS - Brent crude futures LCOc1, the international benchmark for oil prices, were at $62.56 per barrel at 0439 GMT, down 16 cents, or 0.3 percent, from their last close. U.S. West Texas Intermediate (WTI) crude futures were at $56.59 a barrel, up 4 cents, or 0.1 percent, from their last settlement.

QATAR - EXXON COOPERATION
November, 20, 09:30:00

ROSNEFT'S WORLD RECORD: 15000 M

Rosneft as a member of Sakhalin-1 Consortium successfully completed drilling of the world's longest well from Orlan platform at Chaivo field in the Sea of Okhotsk. The length of the well with horizontal completion is 15000 m which currently is a world record. This is a supercomplex well with DDI (Directional drilling index) of 8.0 and 14,129 m stepout.

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