Qatar Petroleum buys into two blocks off Guyana

Qatar Petroleum buys into two blocks off Guyana

Qatar Petroleum has entered into an agreement with Total for a 40% share of Total’s interest in two blocks offshore Guyana.

Qatar Petroleum is buying into the Orinduik block, operated by Tullow Oil and the neighboring Kanuku block, operated by Repsol.

Saad Sherida Al-Kaabi, the minister of state for energy affairs and president & CEO of Qatar Petroleum, commented: “We are pleased to expand our global exploration footprint into Guyana together with our valuable, long-term partner, Total, in these offshore blocks in this prospective basin.”

Last week, Qatar Petroleum took a 25% stake in three exploration blocks off Kenya.

Grant Rowles

Grant spent nine years at Informa Group based in London, Sydney, Hong Kong and Singapore. He gained strong management experience in publishing, conferences and awards schemes in the shipping and legal areas, working on a number of titles including Lloyd's List. In 2009 Grant joined Seatrade responsible for the commercial development of Seatrade’s Asia products. In 2012, with Sam Chambers, he co-founded Asia Shipping Media.

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