QatarEnergy agrees to buy 25% stake in Namibia's offshore oil block in expansion push
QatarEnergy has entered into an agreement to buy a stake in an offshore oil block held by Chevron in Namibia, as part of the state-owned company’s expansion plans in the southern African nation. As part of the agreement, QatarEnergy is acquiring a 25 per cent interest in Petroleum Exploration License 0082 (PEL82), comprising blocks 2112B and 2212A, QatarEnergy said in a statement on Monday. Once…
We haven't written up this one. The National UAE has the full story — the link below goes straight to it.
