Qatar's oil industry is carried out in different locations in Doha, Dukhan, Mesaieed, Ras Laffan Industrial City. In addition, there are off shore fields in Halul Island, and several production terminals and exploration platforms in offshore fields and the North Gas Field. In all, these fields cover around 35,000 sq km.
The corporation's authorized capital is QR 20 billion, whereas paid up capital is 10 billion.
In addition to its own operations, QP also operates through its subsidiaries, appearing below with the percentage of shares owned by QP in each one:
-
National Oil Distribution Co (NODCO) 100%
-
Qatar Jet Fuel Co. (QATJET) 60%
-
Qatar Nitrogen Co. (QAN) 50%
Qatar Petroleum continued to adopt the policy of developing hydrocarbon resources through Exploration and Production Sharing Agreements (EPSA) and Development Production Sharing Agreements (DPSA) with major international oil and gas companies.
EPSA Areas
Block-2 (EnCana International Qatar Ltd/Chevron/Svenska)
Block-5 (Maersk Oil Qatar Co.)
Block-10 (Talisman)
Block-11 (Wintershall Consortium)
Block-13 (Anadarko Qatar Company)
Exploration Open Areas
Block-4 EPSA Bidding Campaign
Najwat Najem DPSA Preparation
Blocks-1, 3, 7 and 14: In-house hydrocarbon prospective studies continued as pre-bidding campaign phase of EPSAs.
Qatar Hydrocarbon Systems Joint Study successfully completed.
Summary
Block-2: Post drilling studies of wells AM-2, AM-3, UZ-3 & AK-2 continued to assess the remaining potential of the Block-2.
Block-5: The successful Nahr Umr appraisal well AL-Shaheen AP-17 was drilled in Block 5 during the year 2003.
Block-10: EPSA was officially awarded on 13 April 2003 to Talisman. All the block relevant pre-existing data was delivered to the operator, and QP Exploration Department is working with the Contractor to start the operations.
Block-11: 2D seismic acquisition started late 2003 and is successfully ongoing as planned.
Block-13: 3D seismic acquisition was completed successfully during 2003.
Block-4: Several EPSA offers were received, evaluated, and EPSA finalization is ongoing.
Najwat Najem: In house preparations for DPSA campaign are ongoing.
Qatar Hydrocarbon System Study was successfully completed on budget and as planned.
EPSA / DPSA- Production Fields Activities
Currently there are seven offshore fields, which are under various stages of development by the following operating companies:
|
FIELD |
OPERATOR |
|
Al Shaheen |
Maersk Oil Qatar |
|
Al Rayyan |
Anadarko Qatar Energy Co. |
|
Al Khalij |
Total |
|
Idd El Shargi North Dome |
Occidental Petroleum Qatar |
|
Idd El Shargi South Dome |
Occidental Petroleum Qatar |
|
Al Karkara / A-Structure |
Qatar Petroleum Development Co. |
|
El Bunduq |
Bunduq Company Ltd. |
Qatar Petroleum Refinery:
Qatar Petroleum Refinery started as a small topping plant in 1958, which has grown over the years into a giant refinery organization, successfully making the State of Qatar self-sufficient and export oriented in refined oil and petroleum products by providing added value to part of the country's natural wealth, improving refining economics and providing citizens with the necessary expertise in the areas of management, operation, engineering, maintenance and marketing.
The main finished products are liquefied petroleum gas (LPG), naphtha, gasoline, jet fuel, diesel and fuel oil.
National Oil Distribution Company (NODCO) - Established in 1968 owned 100% by Qatar Petroleum.
|
Year
|
Facility
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Main activities/Line of production:
Main activity of the Refinery is to process the crude oil and condensate into various finished petroleum products. The finished products are intended to meet domestic/local demand and for the export as well.
The need and concept of Refinery's major expansion was developed as far back as 1995 and the project was formally launched on 15 July 1998 with a total project cost of estimated US$850 million. The condensate refinery was completed and put into commercial operation during July 2001 well ahead of schedule. In the same way the revamp was completed in December 2001 and FCC was commissioned during July 2002 well ahead of schedule.
Marketing Development Plans:
Marketing and commercial aspects for the export of the refinery products are entirely controlled by the Qatar Petroleum Marketing Directorate. The Planning and Scheduling Division in the refinery is responsible for working out annual, quarterly and monthly planning and products exports schedule.
Marketing of QP Refinery products in the international market is solely undertaken by the Marketing Directorate in close co-ordination with the Planning and Scheduling Division.
In view of the successful commissioning of the expansion projects, the export activities of QP Refinery are likely to increase further with the additional volume of products during the current calendar year.
Major Projects:
As the only refinery in the State of Qatar, it has successfully managed the growing demand of the local market and produced surplus for export for many years. The Refinery has grown over a period from a small capacity plant to a huge conglomerate, successfully making Qatar self sufficient and reliant and export oriented in refined oil and petroleum by providing value-addition to part of the country's natural wealth, improving refining economics and providing citizens with the necessary expertise in the areas of management, operation, technical, maintenance and marketing.
