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thenationalnews.com · قبل ١٤ ساعة

QatarEnergy agrees to buy 25% stake in Namibia's offshore oil block in expansion push

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QatarEnergy agrees to buy 25% stake in Namibia's offshore oil block in expansion push

QatarEnergy has entered into an agreement to buy a stake in an offshore oil block held by Chevron in Namibia, as part of the state-owned company’s expansion plans in the southern African nation.As part of the agreement, QatarEnergy is acquiring a 25 per cent interest in Petroleum Exploration License 0082 (PEL82), comprising blocks 2112B and 2212A, QatarEnergy said in a statement on Monday.Once the deal is complete, Chevron will hold a 55 per…