Qatar Petroleum Wins Exploration Rights Off Argentina

Published

Qatar Petroleum has won exploration rights in five offshore blocks in Argentina as part of two consortia, the company said in a statement on its website.

The consortium for three blocks in the Malvinas West basin is made up of an ExxonMobil affiliate with a 70 percent interest, and a Qatar Petroleum affiliate with a 30 percent.

The consortium for two blocks in the North Argentina basin comprises an affiliate of Shell with a 60 percent interest, and an affiliate of Qatar Petroleum with a 40 percent interest, the statement said.


(Reporting by Nayera Abdallah. Editing by Jane Merriman)

Current News

Equinor Drills Dry Well in Barents Sea

Equinor Drills Dry Well in Bar

Santos Posts 25% Profit Fall, Plans to Cut 10% of Jobs

Santos Posts 25% Profit Fall,

Suriname, Guyana Plan Cross-Border Team for Join Gas Projects

Suriname, Guyana Plan Cross-Bo

Eco Wave Power Wraps Up Feasibility Study for South Africa’s Wave Project

Eco Wave Power Wraps Up Feasib

Subscribe for OE Digital E‑News

 
Offshore Engineer Magazine