VOL. XXXVII

NO. 42

18-JULY-1994

Qatar

QGPC Awards Production-Sharing Contract To Pennzoil

The Qatar General Petroleum Corporation (QGPC) and Pennzoil Qatar Inc., asubsidiary of the Houston-based Pennzoil Exploration and Production Co., on 11July signed a production-sharing agreement for offshore Block 8 (see mapoverleaf). Under the agreement, Pennzoil will over the next four years undertakea seismic acquisition program and the drilling of four wells to test prospectsin both the Jurassic and...