Riyadh, October 11, 2026 : The State of Qatar and the Kingdom of Saudi Arabia signed a memorandum of understanding (MoU) laying the framework for joint cooperation between the two countries across the energy industry.
Signed by Energy Ministers on Sidelines of Riyadh Energy Week
The agreement was signed by HE Minister of State for Energy Affairs Eng. Saad bin Sherida Al Kaabi and HRH Saudi Minister of Energy Prince Abdulaziz bin Salman Al Saud. The signing took place on the sidelines of the 17th International Energy Forum Ministerial Meeting and the 25th WPC Energy Congress, held in Riyadh as part of Riyadh Energy Week.
MoU Spans Oil, Gas, Power, Hydrogen and Renewables
The MoU covers cooperation in oil and gas and their derivatives, as well as refining, petrochemicals, electricity, clean hydrogen and its derivatives, renewable energy, and energy efficiency and storage.
Emissions Reduction and Climate Cooperation Included
On emissions reduction and sustainability, the agreement addresses cooperation on climate change mitigation technologies, including carbon capture, transport, reuse, and storage solutions. It also covers strengthening joint international cooperation and coordination on energy, sustainability, and climate change within relevant international initiatives and frameworks.
Agreement to Take Effect After Legal Procedures
The MoU will enter into force upon completion of the legal procedures in both the State of Qatar and the Kingdom of Saudi Arabia.
Source: QNA
