Qatar Fast Facts Occidental Petroleum
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Qatar Fast Facts Occidental Petroleum Occidental’s Idd El Shargi North Dome operations, Offshore Qatar. More than Two Decades Partner of Choice® Occidental has worked with Qatar Petroleum since 1994 to Occidental is committed to providing safe, healthy and secure develop and operate offshore oil fields. Occidental also workplaces; protecting the environment; maintaining high participates in Dolphin Energy, the premier transborder natural ethical standards; upholding and promoting human rights; and gas project in the Middle East. respecting cultural norms and values, everywhere we operate. Second-Largest Offshore Oil Producer National Vision 2030 Occidental is the second-largest oil producer offshore, where Occidental is committed to the Government of Qatar’s National the company operates Idd El Shargi North Dome and Idd El Vision 2030, supporting the long-term sustainable development of the country’s economy and citizens. Shargi South Dome. EOR Leader Qatarization Commitment Occidental supports Qatari employees’ growth and Occidental is extending the life of Qatar’s oil fields with development through Qatarization and succession planning largescale waterflooding and other enhanced oil recovery (EOR) projects, combined with state-of-the-art horizontal drilling, programs, with the objective of increasing its Qatari leadership. advanced completion techniques and extensive automated In-Country Value artificial lift systems. Occidental’s In-Country Value (ICV) strategy supports 400% Production Boost employment of Qatari nationals and the development of Qatari Since beginning operations in 1994, Occidental has boosted goods and services, with the goal of strengthening the local production from the Idd El Shargi Fields by more than 400 market. percent. In 2017, Occidental lifted the one billionth barrel of oil SME Development from these fields. Occidental promotes entrepreneurship in Qatar through the development of Small and Medium Enterprises (SME). Advanced Drilling Our proprietary Oxy Drilling Dynamics technology is helping Supporting Arts and Culture drive down costs in Qatar by reducing drilling days, preventing Occidental has been the principal sponsor of the Doha Film tool failures and improving precision landing. Institute’s Ajyal Youth Film Festival since 2013, and is a Top Safety Performance sponsor of the Fire Station “Artist in Residence” program. Occidental conducts business in a manner that protects the Promoting Health and Wellness health and safety of people and the environment at our Occidental has partnered with Weill Cornell Medical College facilities. Our consistently strong safety performance reflects and Qatar’s Supreme Council of Health on “Your Health First,” our employees' dedication to creating and maintaining safe an initiative promoting healthy lifestyles through education and work environments. preventive health care. For additional information, visit www.oxy.com June 2018 .