QatarEnergy signs deal with TotalEnergies for North Field South Expansion

TotalEnergies would have a 9.375% stake out of a 25% stake in NFS dedicated for international partners

Andrew Mills, Reuters News

September 25, 2022

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DOHA - QatarEnergy signed a deal on Saturday with TotalEnergies for the North Field South (NFS) expansion and its chief executive said more partnerships would be announced for the project later.

QatarEnergy chief Saad al-Kaabi said TotalEnergies would have a 9.375% stake out of a 25% stake in NFS dedicated for international partners. QatarEnergy will hold 75% of NFS.

(Reporting by Andrew Mills; Writing by Maha El Dahan; Editing by David Clarke)

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