Qatar and Saudi Arabia sign an energy cooperation MoU covering oil and gas, petrochemicals, electricity, clean hydrogen, renewables, energy storage and carbon capture technologies.
Qatar and Saudi Arabia have signed a memorandum of understanding (MoU) to strengthen bilateral cooperation across the energy sector, covering conventional energy resources, clean technologies and sustainability initiatives. The agreement establishes a framework for collaboration in several areas of the energy industry, as both countries seek to expand coordination on energy security, infrastructure and emissions reduction.
The agreement was signed by Qatar’s Minister of State for Energy Affairs, Saad bin Sherida Al Kaabi, and Saudi Arabia’s Minister of Energy, Prince Abdulaziz bin Salman Al Saud, in Riyadh. The signing took place on the sidelines of the 17th International Energy Forum Ministerial Meeting and the 25th WPC Energy Congress, held as part of Riyadh Energy Week.
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The MoU covers a broad range of energy-related activities, including oil and natural gas, their derivatives, refining, petrochemicals and electricity. It also extends to clean hydrogen and its derivatives, renewable energy, energy efficiency and energy storage. The framework is intended to facilitate cooperation across established energy industries while creating opportunities to develop and deploy emerging energy technologies.
A key component of the agreement focuses on reducing emissions and advancing environmental sustainability. Qatar and Saudi Arabia will explore cooperation in climate change mitigation technologies, particularly carbon capture, transportation, reuse and storage. These solutions can support efforts to manage industrial emissions and improve the environmental performance of energy-intensive sectors.
The agreement also emphasizes closer coordination on international energy and climate-related matters. Both countries intend to strengthen their engagement through relevant international initiatives and frameworks addressing energy development, sustainability and climate change. This cooperation could provide a platform for exchanging technical expertise, sharing experience and coordinating approaches to common energy challenges.
By including both traditional energy resources and emerging technologies, the MoU creates a framework for cooperation across different stages of the energy value chain. Its coverage of refining, petrochemicals, electricity, hydrogen and renewable energy provides scope for collaboration in production, infrastructure and energy-system development.
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The agreement comes into force after the completion of the required legal procedures in Qatar and Saudi Arabia. Its implementation will determine how the proposed areas of cooperation translate into specific initiatives and joint activities.
The agreement reflects the two countries’ intention to broaden their energy partnership beyond conventional oil and gas cooperation. By incorporating clean hydrogen, renewable energy, storage and carbon management, Qatar and Saudi Arabia aim to establish a broader basis for collaboration as the regional energy sector evolves.