New oil exploration .. Qatar Petroleum expands Africa and the worldVisits : 284

New oil exploration .. Qatar Petroleum expands Africa and the world

Qatar Petroleum has signed two agreements with Frances Total to acquire a share of the exploration and production-sharing franchise in two offshore areas off the coast of Namibia in southwest Africa.
Under the agreements, which will be subject to the necessary regulatory approvals in Namibia and the partners approval, Qatar Petroleum will acquire 30% of the exploration and exploration rights in the region (2913b), while Total will retain a 40% stake, in partnership with Impact Oil (20%) and Namkor. (10%).
The first exploration wells in this area will be drilled in the first half of next year.