OPINION: The headlong plunge by Qatar Petroleum (QP) into yet another offshore frontier area is part of an aggressive exploration strategy designed to eventually propel the Qatari state company into the top tier of global upstream players.
Its latest foray takes QP into virgin territory in Guyana, where it snapped up minority stakes from France's giant Total in acreage close to the prolific ExxonMobil-operated Stabroek block.