Middle East Economic Survey

VOL. LIV

No 23

6-Jun-2011

QATAR

Total Farms In To Qatars Offshore Block BC

Frances Total signed an agreement with CNOOC Middle East (Qatar), a wholly-owned subsidiary of Chinas CNOOC International Limited, to acquire a 25% interest in Qatars Block BC (pre-Khuff) exploration license, the company announced on 30 May. CNOOC Middle East (Qatar) will continue to be the operator with a 75% interest. The Block BC exploration and production sharing agreement (EPSA)...