Middle East Economic Survey

VOL. LII

No 31

3-Aug-2009

QATAR

GDF Suez Acquires 60% Stake In Qatars Offshore Block 4

GDF Suez announced on 20 July the acquisition of Anadarko Petroleum Corporations 60% share in Qatars offshore Block 4. GDF Suez will become the operator of the license, which covers 3,132 sq km and is said by the company to contain several exploration prospects. In 2008, GDF Suez signed a memorandum of understanding with Qatar Petroleum International (QPI), the international division...