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    Home > Chemicals Industry > International Chemical > Qatar Petroleum acquires shares in ExxonMobil Argentina

    Qatar Petroleum acquires shares in ExxonMobil Argentina

    • Last Update: 2022-12-27
    • Source: Internet
    • Author: User
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    State-owned Qatar Oil Corp.
    has signed an agreement to acquire a 30 percent stake
    in two of ExxonMobil's affiliates in Argentina.

    Qatar Petroleum acquires shares in ExxonMobil Argentina

    The agreement grants Qatar Oil Company ExxonMobil Argentina Exploration and Mobil Argentina shares to explore, drill and produce unconventional shale oil and gas
    at Vaca Muerta, Neuquén Province in western Argentina.

    Qatar Petroleum said the agreement with ExxonMobil in the capital Doha marks the company's first investment
    in Argentina.
    The company did not disclose the value of
    the transaction.

    Qatar Petroleum is the world's largest producer of liquefied natural gas
    .
    This small but wealthy Arab country shares with Iran the world's largest natural gas field
    in the Persian Gulf.

    State-owned Qatar Oil Corp.
    has signed an agreement to acquire a 30 percent stake
    in two of ExxonMobil's affiliates in Argentina.

    acquisition

    Qatar Petroleum acquires shares in ExxonMobil Argentina

    Qatar Petroleum acquires shares in ExxonMobil Argentina

    The agreement grants Qatar Oil Company ExxonMobil Argentina Exploration and Mobil Argentina shares to explore, drill and produce unconventional shale oil and gas
    at Vaca Muerta, Neuquén Province in western Argentina.

    Qatar Petroleum said the agreement with ExxonMobil in the capital Doha marks the company's first investment
    in Argentina.
    The company did not disclose the value of
    the transaction.

    Qatar Petroleum is the world's largest producer of liquefied natural gas
    .
    This small but wealthy Arab country shares with Iran the world's largest natural gas field
    in the Persian Gulf.

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