Monthly Archives: June 2016

Total strengthens its position in Qatar

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Total signed a deal with the company Qatar Petroleum to acquire a 30% stake in the capital of the offshore oil field concession Al-Shaheen, as of July 14th 2017, for a period of 25 years. This giant oil field, created in 1994, produces 300 000 barrels of oil per day, which represents nearly half of the oil production in Qatar. Total has been present...

MAYHOOLA ACQUIRES BALMAIN

On Tuesday June 21st, Mayhoola investment fund, which is affiliated to the Royal Family of Qatar, has agreed to purchase the French fashion brand for 485 million euros.