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Article: Qatar - The Background.
- Article from:
- APS Review Gas Market Trends
- Article date:
- August 31, 2009
CopyrightCOPYRIGHT 2009 Input Solutions. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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After Shaikh Hamad bin Khalifa's September 1992 cabinet reshuffle, when he was crown prince, the state-owned Qatar General Petroleum Corp (QGPC) was given control over the petroleum sector. E&P terms to foreign firms improved and EPSAs were offered for new areas, onshore and offshore, and for existing offshore fields needing EOR systems.
The radical change for the better was necessary because upstream maintenance work and exploration had been reduced considerably in the first half of the 1980s, with only one rig active in 1984-87. Now there are several IOCs operating in blocks acquired since offers of EPSAs were made in 1993. QGPC now is named QP.
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Article: Foreigners Buy 29 Sq. Km of Land.
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... ... their total landholdings to 107.795 sq. km, about 36 times the size of Yoido islet ... foreign individuals purchased 8.79 sq. km of land, bringing their total landholdings to 56.81 and 50.4 sq. km respectively. Foreign governments sold ...
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