VOL. XL

No. 50

15-December-1997

QATAR

QGPC Signs Development-Production Sharing Deal With Occidental For ISSD Field

The Qatar General Petroleum Corporation (QGPC) signed on 10 December adevelopment-production sharing agreement with the US firm Occidental(Oxy) for the offshoreIdd El-Shargi South Dome (ISSD) oil field, located approximately 15 miles from the IddEl-Shargi North Dome (ISND) that has been operated by Oxy since late 1994 (see map, MEES,18 August).

ISSD has known reserves of around...