Mubasher: Qatar Petroleum (QP) president and CEO Saad Sherida Al-Kaabi on Wednesday said that the expected investments in Al-Shaheen oilfield may reach $3.5 billion during the coming five years.
If the oilfield shall remain at its current production level, investments are crucial, Al-Kaabi added.
On Tuesday, France’s Total announced that it will operate and manage Al-Shaheen for the 25 coming years, starting from 14 July, to produce 300,000 barrels per day (bpd).
