Qatar and Saudi Arabia signed an energy cooperation memorandum in Riyadh on 11 October 2026. Qatar News Agency reported that the document was signed by Qatar’s Minister of State for Energy Affairs Saad bin Sherida Al Kaabi and Saudi Energy Minister Prince Abdulaziz bin Salman. The signing took place during Riyadh Energy Week, alongside the 17th International Energy Forum Ministerial Meeting and the 25th WPC Energy Congress.

The memorandum lists cooperation on oil and gas and their derivatives, refining, petrochemicals, electricity, clean hydrogen, renewables, efficiency and storage. It also identifies carbon capture, transport, reuse and storage as areas related to emissions reduction and sustainability. The agreement enters into force after legal procedures in both countries are completed; the announcement specifies no investment amount, capacity or implementation timetable.