VOL. XLVII

No 16

19-April-2004

QATAR

QP And Maersk Sign EPSA For Block 5 Extension Area

Qatar Petroleum (QP) and Maersk Oil Qatar on 13 April signed an exploration/appraisal and production-sharing agreement (EPSA) for a Block 5 Extension Area. Maersk signed an EPSA covering an area of 2,100 sq km in Block 5 in 1992, and production began in 1994 (MEES, 24 October 1994). A QP statement on 13 April said that the 139 sq km offshore acreage, designated as Block 5 Extension Area, is located northwest of...