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FINANCIAL NEWS
Shell, CNPC set to sign Qatar Block D pact
17 May 2010
(MENAFN) A Qatari official announced that Royal Dutch Shell and China National Petroleum Corp (CNPC) are expected to sign an exploration and production deal with Qatar Petroleum (QP) for Qatar Block D, Reuters reported.
Under the agreement, Shell would hold a 75 percent equity stake, and CNPC holding the remainder, the official said.
The 30-year deal includes a five-year exploration period. It covers onshore and offshore exploration for natural gas and its production in the block.
The signing ceremony has not been held yet.
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BBK discloses its financial results for the first quarter ended 31st March 2025
25 Mar 2025
BBK’s General Assembly Approves 35% Cash Dividend Distribution to Shareholders
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