VOL. XLV

No 22

3-June-2002

QATAR

TotalFinaElf Buys Out Eni Share In Al-Khaleej Field

TotalFinaElfhas signed an agreement to purchase the 45% interest held by Eni in Qatar痴 offshore al-Khaleej field,taking its holding in the field, which it operates, to 100%. Output capacityfrom al-Khaleej has been raised from around 30,000b/d and is expected to reach 60,000 b/d by the summer with the completion of afield development plan (MEES, May27). Current production is around 45,000 b/d. The field, which...