Weekly MENA Newsletter will be delivered to your email in PDF format every Friday (52 Issues per Year).
Qatar Petroleum (QP) has taken the next step in transforming its international presence, bagging five blocks in Mexico’s highly successful offshore offering this week. QP secured deepwater Brazil acreage in October with CEO Saad al-Kaabi telling MEES it is eyeing assets elsewhere in Latin America as part of a “very defined” expansion strategy ( MEES, 8 December 2017 ).
Four of QP’s new Mexican assets are in a consortium with Anglo-Dutch major Shell (60% op, QP 40%), Blocks 3, 4, 6, and 7 in the Perdido Basin. This abuts the US border in proximity to the Whale deep-water discovery announced by Shell on 31 January: one of its “largest US Gulf of Mexico exploration finds in the past decade.” Whale is located in the Alaminos Canyon Block 772 (Shell 60%op, Chevron 40%).
DON'T HAVE AN ACCOUNT?
NEED TO UPGRADE YOUR CURRENT SUBSCRIPTION?
By upgrading your Print or Digital subscription you will gain access to the MEES Archives Database with past articles and data dating back from 1984.UPGRADE