VOL. XLVI

No 1

6-January-2003

QATAR

Talisman To Invest $8Mn In Block 10 Exploration In 2003

Canadas Talisman Energy announced on 17 December that it would be investing $8mn in exploration in Qatars offshore block 10 (for map, see MEES, 24 June 2002). In November last year, Talisman signed an exploration and production-sharing agreement (EPSA) for the block which required the company to invest $30mn during the first five-year exploration period (MEES, 25 November 2002). Meanwhile, the latest...