Oxy, QP Position For Tough Qatar Upstream Talks
Occidental Petroleum says it will invest more than $3bn in Qatar’s offshore Idd al-Shargi fields. These plans are partly a bargaining chip in upcoming renewal talks; Oxy hopes to secure a renewal before having to invest big.
The US independent’s planned $3bn-plus investment has the aim of increasing the plateau length of the 100,000 b/d Idd al-Shargi mature offshore fields.
Please log in to read the rest of this story.
You may purchase access to entire MEES digital archives by subscribing. This subscription gives you access to all the content of MEES digital archives up to 1978!