ENERGY
From Times Staff and Wire Reports
Oxy in $700-Million Oil Deal with Qatar: Los Angeles-based Occidental Petroleum Corp. announced that it will invest the money over 25 years in a production-sharing agreement to improve the Idd el Shargi North Dome Field and other oil fields in the Persian Gulf nation. Occidental will increase production using horizontal drilling and other advanced technologies. It has similar enhanced oil-recovery projects in Russia and Venezuela.
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