Dubai — Qatar Petroleum (QP) said on Monday it had agreed a deal with Total to acquire a stake in the French energy giant’s two oil and gas blocks offshore Guyana.
Qatar Petroleum said it will hold 40% of Total’s 25% participating interest in the Orinduik block, and 40 percent of Total’s 25% participating interest in the neighboring Kanuku.
The block’s other partners are Tullow Oil, with a 60% participating interest and EcoAtlantic with a 15% interest.
- Reuters
