Tuesday 10 April 2018

Exxon, Qatar in talks for potential U.S. shale deal - WSJ | ZAWYA MENA Edition

Exxon, Qatar in talks for potential U.S. shale deal - WSJ | ZAWYA MENA Edition:

"Exxon Mobil is in talks with Qatar over a possible deal that could see the country investing in the company's U.S. gas resources, the Wall Street Journal reported on Tuesday, citing people familiar with the matter.

The deal could take the shape of a joint venture in which Qatar, through state-owned Qatar Petroleum, could partner or invest in future wells with Exxon's unit XTO Energy, the paper said.

WSJ said that no deal had been finalised yet. The report did not say how much Qatar was planning to invest in XTO Energy."



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