QPI Acquires Total E&P Congo Stake
Qatar Petroleum International (QPI) is moving into sub-Saharan Africa with the acquisition of a stake in Total E&P Congo. QPI and Total signed a framework of agreement whereby QPI will participate in Total E&P Congo through its subscription to a 15% share capital increase of this company. With QPI’s subscription to the capital of Total E&P Congo, it will contribute to the company’s significant investment program in the ROC, specifically the Moho North project. H.E. Dr. Mohammed Bin Saleh Al Sada, Minister of Energy and Industry and chairman of QPI, stated that this agreement is a further milestone in the implementation ...










