In a significant diplomatic breakthrough, the State of Qatar released eight Indian Navy veterans, previously sentenced to death, marking a substantial achievement for Indian diplomacy. This move followed a concerted effort by the Indian government to secure the veterans’ release, culminating in their sentences being commuted to extended prison terms. Seven of the eight veterans […]
In a landmark agreement set to bolster the energy partnership between Qatar and India, QatarEnergy announced its entry into a 20-year LNG Sale and Purchase Agreement (SPA) with Petronet LNG Limited, committing to supply 7.5 million tons per annum (MTPA) of liquefied natural gas (LNG) to the Republic of India. This significant transaction underscores the […]
Petronet LNG Limited (PLL), the leading LNG terminal operator in India, has announced the successful execution of a landmark LNG Sale & Purchase Agreement (LNG SPA) with QatarEnergy. This significant agreement, which extends an existing contract set to expire in 2028, ensures the purchase of approximately 7.5 million metric tons per annum (MMTPA) of LNG […]
QatarEnergy, a leading entity in the global energy sector, has entered into a landmark long-term condensate supply agreement with Mitsui & Co. Energy Trading Singapore Pte. Ltd., a subsidiary of the Japanese conglomerate Mitsui & Co. Ltd. This significant deal, set to commence in April 2024, underscores QatarEnergy’s strategic approach to strengthening business relationships and […]
In a significant move within the oil and gas industry, McDermott International, Inc. has been awarded two critical contracts by North Oil Company (NOC) for the Ruya Development Project aimed at expanding Qatar’s largest oil field, the Al-Shaheen field. These contracts, encompassing engineering, procurement, construction, installation, and commissioning (EPCIC) tasks, underscore McDermott’s pivotal role in […]
In a significant move to enhance its oil production capabilities, QatarEnergy has awarded four main Engineering, Procurement, Construction, and Installation (EPCI) contracts totaling more than six billion dollars. This monumental investment is aimed at the next development phase of the offshore Al-Shaheen field, Qatar’s largest oil field, with a vision to increase production by approximately […]
In a high-stakes meeting with US Secretary of State Antony Blinken, Israeli Prime Minister Benjamin Netanyahu made a sensational and unequivocal commitment to ‘destroy Hamas’, shaking the foundations of the current ceasefire in the Middle East. Blinken’s visit, his third since the crisis erupted in October, aims to solidify a truce between the conflicting parties. […]
In a remarkable turn of events, Israel has released a list of 300 Palestinian prisoners, including a selection of 150 to be released in the first phase, contingent upon Hamas releasing more than the initially promised 50 Israeli hostages. This historic decision, announced Wednesday by Israel’s Justice Ministry and reported by Haaretz, marks a pivotal […]
In a pivotal agreement poised to bolster the LNG industry, QatarEnergy has inked a partnership accord with China Petrochemical Corporation (Sinopec) for the North Field South (NFS) expansion project. The deal, signed in Shanghai by QatarEnergy’s Minister of State for Energy Affairs, Saad Sherida Al-Kaabi, and Sinopec’s Chairman, Dr. MA Yong-sheng, entails QatarEnergy divesting a […]
Larsen & Toubro (L&T) Construction’s Power Transmission & Distribution Business has recently announced securing substantial orders valued between Rs 2,500 to 5,000 crores. This development marks a significant achievement in both Indian and international markets in the current quarter. Expansion in Indian Power Grid In Chhattisgarh, India, the company has received an important order for […]