Fresh from announcing its decision to withdraw from Opec, Qatar announced on 10 December an agreement to farm into three ExxonMobil operated blocks offshore Mozambique.
In announcing Qatar’s Opec exit, energy minister Saad al-Kaabi and Qatar Petroleum CEO highlighted the firm’s expanding international footprint. QP has secured a swathe of international assets over the past two years under Mr Kaabi’s plans to transform the firm beyond all recognition (MEES, 8 December 2017). (CONTINUED - 361 WORDS)