Though several of the majors namechecked the upcoming opportunities in Qatar’s LNG expansion in their 2020 results in February, ConocoPhillips was the only one to big up the opportunities afforded by Qatar’s $29bn LNG expansion (MEES, 12 February) on its Q1 earnings call.
“We continue to advance our evaluation of the North Field Expansion [NFE] opportunity. We’re still very interested in participating in this project if it fits our financial framework. So we’ll keep you posted as this plays out,” Nick Olds, SVP of Global Operations told the 4 May call, adding that the firm’s current Qatar Gas 3 train “continues to deliver very strong performance and generate free cash flow.” (CONTINUED - 338 WORDS)