While global attention is focused on Qatar’s plans to expand its North Field gas production and LNG output (MEES, 3 October), state firm QatarEnergy is also pursuing expansion work at its domestic oilfields.
The firm has increased its role at domestic oilfields over the past decade, taking over operations at some fields and tightening contractual terms at others. Now after years of capacity steadily dwindling, crude output has stabilized at around 600,000 b/d, notwithstanding a slight dip to 598,000 b/d, last year QatarEnergy’s recently released annual report shows (see chart). (CONTINUED – 848 WORDS)
Read this article for free
Gain access to over 60-years of energy analysis and news
-
Delve into the details backed by data
-
Exclusive information from high-level officials
-
Assess future risks and opportunities
