VOL. XL

No. 42

20-October-1997

QATAR

Occidental To Boost Investments In Qatar To $1.5Bn By 2000 If Awarded PSA For Idd ElShargi South Dome

Occidental Petroleum of the US - which is operating and developing the offshore IddEl-Shargi North Dome (ISND) field through its local subsidiary Occidental Petroleum Qatarunder a 25-year production sharing agreement concluded with the Qatar General PetroleumCorporation (QGPC) in July 1994 - announced on 10 October that it aims to boost itsinvestments in...