Qatar Petroleum to Invest $20 bln in U.S. in Major Expansion

Qatar Petroleum is looking to invest at least $20 billion in the United States over the coming few years, after this state unexpectedly quit OPEC this month. Qatar Petroleum announced separately on that it was partnering with Italian oil major Eni on three oil fields in Mexico, taking a 35 percent stake in deposits that will begin production in mid-2019 and ramp up to about 90,000 barrels per day by 2021.

Share this post

Link to post
Share on other sites
Sign in to follow this  
Followers 0