Qatar: QPI moves into Republic of Congo upstream
Issue 948
- 07 Jun 2013
| 1 minute read
Qatar Petroleum International (QPI) has invested in Total E&P Congo through a 15% share capital increase that will help fund the $10bn Moho Nord project. Traditionally downstream focused, QPI’s only other sub-Saharan African upstream involvement is a 20% stake in Total’s Ta7 and Ta8 blocks in Mauritania, acquired in 2007.
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