State firm Qatar Petroleum’s flurry of global upstream investments (MEES, 15 March) has been motivated more by long term strategy and partnerships with oil majors than the hope of short-term success.
But the latter is what it has achieved at Guyana’s Orinduik offshore block, where QP agreed on 29 July to take 10% from Total, as well as 10% of the neighboring Kanuku block (MEES, 2 August). (CONTINUED - 314 WORDS)