Following a 2.5 tcf discovery in a Khuff play at Qatar’s Block 4N, Germany’s Wintershall (80%) – operator with an 80% stake – is working on a feasibility study alongside its partner, Japanese firm Mitsui (20%) and Qatar Petroleum (QP).
Qatar’s Minister of Industry and Energy Muhammad al-Sada said on the sidelines of last week’s OPEC meeting in Vienna: “As we speak we are developing the implementation. We believe because of the existing infrastructure that developing such a field has a strong advantage. Use of existing infrastructure will likely reduce costs,” Mr Sada said. “We are looking at various options at where to hook up to. There are a number of major projects around… We are looking at the cheapest way of evacuation,” he added. (CONTINUED - 393 WORDS)
