QATAR
GDF Suez Relinquishes 40% Of Qatar’s Block 4 To PetroChina
State-owned PetroChina has acquired a 40% stake in the gas exploration and production rights for Qatar’s offshore Block 4 from France’s GDF Suez, leaving the French company with the remaining 60% stake, Qatar Petroleum (QP) announced on 25 July. The block, located off the northern coast of the country near the prolific North Field, extends for around 3,100 sq km at water...
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