19 Nov 2013
(MENAFN) According to a framework agreement signed on May 7, Qatar Petroleum International (QPI) and Total, an integrated oil and gas giant, have announced the signing of detailed agreement for QPI’s participation in Total E&P Congo (TEPC), according to The Peninsula Qatar.
The participation is through a share capital increase of TEPC resulting in QPI holding a 15 percent stake in the company post subscription, said a press statement issued by QPI on November 17. The signing ceremony took place at the Emiri Diwan yesterday.
QPI will be an active non-operating partner and will efficiently and objectively support the ambitious development programs in the Republic of Congo for the benefit of all stakeholders with emphasis on safety and transparency.
Established in 2006, QPI is a wholly-owned subsidiary of Qatar Petroleum. QPI’s multibillion portfolio of investments include partnerships and joint venture initiatives in Africa, North America, Singapore, the UK, Italy and Vietnam.
27 Jan 2025
BBK offers customers with exclusive Tas’heel and Mazaya Finance to own their dream home
15 Jan 2025
BBK Signs Strategic Partnership with Bahrain Airport Company to Develop “Express Cargo Village”
08 Jan 2025
Bank of Bahrain and Kuwait and Global Payment Services Deliver the First Advanced Fraud Prevention Solution for Wallet Provisioning in the Kingdom of Bahrain
26 Dec 2024
BBK proudly supports “Celebrate Bahrain” as a gold sponsor in cooperation with BTEA
17 Nov 2024
BBK and Asia Jewellers announce exclusive offers to its customers at Jewellery Arabia 2024
12 Nov 2024
BBK partners with Durrat Al Bahrain to offer exclusive financing for Jawhart Al Marjan
05 Nov 2024
As part of its digital transformation journey, BBK adds Google Wallet to its range of digital wallets
This website uses cookies to ensure you get the best experience and by clicking “I Accept” below, you consent to the use of cookies. Learn more