List of Oil and gas companies of Qatar. Qatar is the Small country located in the Gulf, with a large Oil reserve that boasts the country’s Economy to top, is the second richest Country by GDP per Capital in the World. There are many Government owned Oil Companies, most of them are huge in size, the country utilizes Oil reserves for the development of their country. Qatar’s economy has more than half of the income from Oil and Gas Exports worldwide. Qatar’s demonstrated reserves of natural gas are almost 26 trillion cubic meters, approximately 14% of the world total and ranks third largest in the world. Qatar’s value mainly deduces from oil and natural gas exports, Oil and Gas have formed Qatar one of the highest per-capita income countries, and one of the world’s quickest originating countries. Doha is the Capital of Qatar and most the economic and Political activities taking place in the city, and many notable companies headquartered in Doha.
Here is a List of Oil and gas companies of Qatar
Gulf Drilling International was established on 18 May 2004 as the first drilling contractor in the State of Qatar. GDI was originally formed as a joint venture between Qatar Petroleum (60% share) and Japan Drilling Co. Ltd (JDC- 40% share). On July 2007, QP acquired 25% of JDC’s share holding, raising its ownership to 70%. On 12 February 2008, GDI’s shares held by QP were transferred to Gulf International Services Q.S.C. (GIS).
In April 2014 GIS signed a Share Purchase Agreement (SPA) with JDC to acquire all JDC’s 30% shareholding in GDI. GIS now owns 100% shares in GDI, making GDI a wholly owned subsidiary of GIS as of 1 May 2014.
GIS is a public shareholding company owned by individual investors and select institutions including QP. It is the largest oil sector services company in Qatar, and its shares are listed on the Qatar Exchange. GIS also holds 100% shares of Gulf Helicopters Company Q.S.C., Al-Koot Insurance and Reinsurance Company S.A.Q. and Amwaj Catering Services Q.S.C.
In May 2019, GDI was awarded six of the eight offshore jackup drilling rigs to execute the North Field Expansion Project with drilling activities starting in January 2020. Following the award GDI has formed 50:50 joint venture with Seadrill Limited to manage and operate five jackup rigs with Qatar Petroleum. The five contracts are worth of $656 million.
Industries Qatar Q.S.C. (Arabic: صناعات قطر; IQ) is a Qatari conglomerate with subsidiaries and investments in the petrochemicals, fertilisers and steel industries. IQ is a 51-percent subsidiary of Qatar Petroleum. Its shares are traded on the Qatar Exchange and is one of the largest publicly traded companies in Qatar by market capitalisation.
The company’s principal investments are Qatar Petrochemical Company (QAPCO) (an 80:20 joint venture with Total S.A.), Qatar Fuel Additives Company (QAFAC) (50 percent owned, with the remaining shares held by OPIC, International Octane and Taiwan-based LCY Group), Qatar Fertiliser Company (QAFCO) (a 75:25 joint venture with Yara), and Qatar Steel.
QAFCO was established in 1969 as a joint venture between the government of Qatar, Norsk Hydro, Davy Power and Hambros Bank to produce ammonia and urea in Qatar. QAPCO and QAFAC were founded in 1974 and 1991 respectively. By 2003, these three companies were held by Qatar Petroleum (QP) while Qatar Steel remained directly owned by the state. In that year, Qatar Steel was transferred to QP. QP subsequently transferred Qatar Steel, along with QAFCO, QAPCO and QAFAC into Industries Qatar, which was then listed on the Qatar Exchange
North Oil Company (NOC) is a crude oil and natural gas company based in Qatar. The creation of the North Oil Company has been announced in June 2016 by Qatar Petroleum as a joint venture with TotalEnergies (30%) to develop and operate the Al Shaheen oil field for 25 years. Operations along with production, sale and export of crude oil started on July 14, 2017. TotalEnergies announced to invest around $2 billion into the oilfield between 2017 – 2022 and Qatar Petroleum announced that total investments into the field would be around $3.5 billion.
From 1992 – 2017, the Al Shaheen Oil Field had been developed and operated by Maersk Oil. In July 2017, the first crude tanker from Al Shaheen was loaded. In November 2018, it was announced that PetroVietnam was contracted by NOC in order to further develop the second phase of the field, including the erection of three new wellhead platforms and three bridges until 2020.
Qatar Energy, formerly Qatar Petroleum (QP), is a state owned petroleum company of Qatar. The company operates all oil and gas activities in Qatar, including exploration, production, refining, transport, and storage. QP’s President & CEO is Saad Sherida Al-Kaabi, Minister of State for Energy Affairs. QP’s operations are directly linked with state planning agencies, regulatory authorities, and policy making bodies.
Together, revenues from oil and natural gas amount to 60% of the country’s GDP. As of 2018 it was the third largest oil company in the world by oil and gas reserves. The first well, Dukhan 1, was drilled in 1939. Development continued after World War II and in 1949 the first crude exports occurred and the first offshore concessions were granted. In 1960, the Idd Al-Shargi and Maydan Mahzam fields were discovered. The largest offshore field, Bul Hanine, was discovered in 1970 and came onstream in 1972. QatarEnergy was created in 1974.
Qatargas is the world’s largest liquefied natural gas (LNG) company. It produces and supplies the globe with 77 million metric tonnes of LNG annually from across its seven ventures—Qatargas 1, Qatargas 2, Qatargas 3, Qatargas 4, RL1, RL2 and RL3. It is headquartered in Doha, Qatar, and maintains its upstream assets in Ras Laffan, Qatar. Natural gas is supplied to Qatargas’s LNG trains from Qatar’s North Field, by far the world’s largest non-associated gas field. It reached a record LNG production of 77 million tonnes per year in December 2010
RasGas Company Limited was a liquefied natural gas (LNG) producing company in Qatar. It was the second-biggest LNG producer in Qatar after Qatargas. RasGas operated seven LNG trains located in Ras Laffan Industrial City. It was merged with Qatargas on 1 January 2018.
RasGas also operated helium plants which produce 25% of the world’s helium, and make Qatar the second largest helium exporter. The chief executive officer of the company was Hamad Mubarak Al-Muhannadi
Qatar Fuel Company Q.P.S.C., d/b/a WOQOD, is a Qatari oil and gas company focused on the distribution and sale of refined petroleum products supplied by Qatar Petroleum. It is the only fuel retailer in Qatar and is publicly listed on the Qatar Stock Exchange. As of Jan 2020, the company maintained 100 filling stations throughout the country. Aside from filling stations, the company operates vehicle workshops, tire stations and convenience stores. The company also has numerous subsidiaries.
Here is a List of notable Oil and Gas Companies of Qatar
We have listed notable Oil and Gas Companies of Qatar with Headquarters and contact details.
||HEAD QUARTERS AND ADDRESS
|Ras Gas |
|P.O.Box: 24200, Doha, Qatar |
||P.O.Box 22666, Doha, Qatar
|ExxonMobil Qatar Inc
||Doha, State of Qatar
|Qatar Petrochemical Company
||P.O.Box: 756, Doha, Qatar
|Total E & P Qatar
||P.O.Box: 9803, Doha, Qatar
|Cheveron International Gas Inc.
||P.O. Box: 24738 Doha, Qatar
||P.O. Box: 24750 Doha, Qatar
|Encana International Qatar Ltd.
||P.O. Box: 1725 Doha, Qatar
|GE Oil and Gas
||P.O. Box: 24997 Doha, Qatar
|Maersk Oil Qatar AS
||P.O. Box: 22050 Doha, Qatar
|Occidental Petroleum of Qatar Ltd
||P.O. Box: 22611 Doha, Qatar
|Qatar Fuel ( WOQOD )
||P.O. Box: 7777 Doha, Qatar
|Qatar International Petroleum Marketing Co. Ltd (Tasweeq)
||P.O. Box: 24183 Doha, Qatar
|Qatar Petroleum (QP)
||P.O. Box: 3212 Doha, Qatar
|Qatar Petroleum Refinery (QPR)
||P.O. Box: 50033 Doha, Qatar
|Qatar Shell Services Co. WLL
||P.O. Box: 3747 Doha, Qatar
||P.O. Box: 1202 Doha, Qatar
||P.O. Box: 50077 Doha, Qatar
||P.O. Box: 32522 Doha, Qatar
|Yokogawa Middle East EC
||P.O. Box: 24281 Doha, Qatar
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