VOL. XXXV

NO. 39

29-JUNE-1992

Qatar

Maersk Oil Signs Production Sharing Agreement for Offshore Block No. 5

Maersk Oil Qatar - the local subsidiary of Denmark's Maersk Oil and Gas - on22 June signed with the Qatar General Petroleum Corporation (QGPC) aproduction-sharing agreement for oil exploration and production coveringoffshore Block No. 5, a 4,000-sq. km. tract lying in Qatar's northwestterritorial waters in the North Gas Field area. Under the terms of the agreement- which still requires...