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  • 19-02-19

    Qatar Petroleum strikes USD2.47b agreements with 3 giants

    (MENAFN) Qatar Petroleum (QP) secured USD2.47 billion worth of deals with three international firms, as the giant looks for energy localization.

    Those agreements were penned for oil services with the three giants Baker Hughes, Schlumberger and McDermott.

    In a statement, QP affirmed that the GCC nation is most likely to invest more in the energy sector localization by USD4.12 billion.

    QP is aiming to level up its oil production capacity to stand at 6.5 million barrels per day compared to 4.8 million barrels per day.

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