Qatar Petroleum enters acreage offshore Angola

State-owned Qatar Petroleum has entered into a farm-in agreement with Angola’s national oil company Sonangol and French oil major Total to acquire a 30 per cent stake in Block 48 located in Angolan ultra-deep waters.

The block, with a drill-ready opportunity, covers an area of approximately 3,600 square kilometres, and Total expects to start operations there during the 2020/2021. According to Total, Block 48 will be drilled at a world record water depth.

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