State-owned Qatar Petroleum (QP) signed a concession agreement with Abu Dhabi for the continued development and operation of the shared Al-Bunduq offshore oilfield, writes Nassir Shirkhani.
QP's chief executive Saad al-Kaabi said: "We are delighted to sign this concession agreement, which will ensure the continued development and operation of the Al-Bunduq oilfield for many years to come. I would like to take this opportunity to thank our Japanese partners for their outstanding performance during more than four decades of the field’s life, and for their safe and environmentally friendly operations.
