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OMV Closes Sale of E&P Assets in Qatar

Source: www.gulfoilandgas.com 3/8/2006, Location: Middle East

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The Qatar assets had been acquired by OMV in 2003, as part of the acquisition of the international E&P portfolio of Preussag Energie International GmbH. They comprise non-operated working interests of 7.5% in the producing Block 12 Al Rayyan Field and in the exploration Block 13. Both blocks are located in shallow water offshore Qatar.

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