QatarEnergy Acquires Stake in Two Egypt Offshore Blocks
This Is Beirut 12/05 17:03 - Reading : 1 minute(s)
QatarEnergy said Sunday it had acquired two offshore gas exploration blocks from Egypt with a 40% participating interest, in a deal with US multinational firm ExxonMobil. Under the deal, the Qatari state-owned hydrocarbon giant will receive stakes in the Cairo and Masry concessions off Egypt's north coast, with the operator ExxonMobil retaining ...