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QatarEnergies buys into Suriname oil expansion

Summary by AGBI
Deal signed for 20% of block Commitment for exploration well Oil production boom expected The state-owned giant QatarEnergy has signed a deal with US oil company Chevron to acquire a 20 percent interest in a production-sharing contract for an offshore concession in the South American country of Suriname. Chevron will keep a 40 percent interest in Surname’s block 5, as will Paradise Oil, an affiliate of Suriname’s national oil company, Staatsoli…
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