Under the deal, with an undisclosed value, Qatar will buy an interest from Chevron’s 75% share in the Cap Rhir Deep, Cap Cantin Deep and Cap Walidia Deep leases.
Chevron will retain a 45% interest and will continue as the project operator, while local partner, Morocco's Office National des Hydrocarbures et des Mines (ONHYM) will continue to have a 25% interest.
“It
