Exxon Taking Stake In Sprawling $29 Billion LNG Project In Qatar
Exxon is joining some of the largest oil supermajors in the world, including ConocoPhillips, TotalEnergies and Eni SpA in investing in a $29 billion project to help Qatar boost its gas exports.
The company is going to be taking a 6.25% stake in the North Field East project, according to Bloomberg/Financial Post. It's the biggest project in the industry and is expected to come online in 2026. The project will increase...