Oil majors bid on Qatar's North Field project in vote of confidence for LNG

摘要

Six western oil companies are bidding to partner on Qatar Petroleum's North Field LNG expansion, according to two sources involved, in a show of healthy interest in the Gulf state's gas ambitions despite environmentalist pressure on fossil fuels and a potentially overbuilt market in the years to come. Shell, Eni, Total Energies, ConocoPhillips, ExxonMobil and Chevron have formally submitted applications, sources told S&P Global Platts on condition of anonymity, with stakes totaling up to 30% of the project.