VOL. XLV

No 46

18-November-2002

QATAR

Oxy To Raise Production Capacity From North And South Dome Fields By 54,000 B/D

Qatar Petroleum (QP) and the US firm Occidental Petroleum signed an agreement on 11 November whereby the latter will undertake the $566mn phase-II development of the Idd al-Shargi North Dome (ISND) field by raising production capacity from the current 90,000 b/d to 127,000 b/d, as well as targeting the development of 144mn barrels of new reserves. Moreover, Oxy has agreed to...