Total to invest US$2 billion in Qatar

摘要

French oil major Total intends to invest more than US$2 billion in Qatar after ousting Maersk Oil from the Al-Shaheen oil concession. Total won a 30 per cent stake to operate Qatar's largest offshore oil field in an international tender. It will take over operations from existing field operator Maersk Oil in July 2017. The other 70 per cent of the concession will be owned by state firm Qatar Petroleum.