Qatar’s state-owned energy giant QatarEnergy has inked an agreement with U.S.-headquartered oil major Chevron to buy a working interest in the concession agreement for a block in the Mediterranean Sea offshore Egypt.

Qatar Woodside Mediterranean Sea North El Tharwa Petroleum Company West Med Stena Forth Egyptian West Med Arab Republic of Egypt Saad Sherida Al Minister of State Energy Affairs Tharwa Petroleum Minister of Petroleum Mineral Resources