2007 Annual Report
Qatar Petroleum, Committed to Excellence Qatar Petroleum (QP), formerly Qatar General Petroleum Corporation, is a state-owned corporation established, by Emiri Decree No 10, in 1974 responsible for all phases of the oil and gas industry in Qatar. The principal activities of Qatar Petroleum and its subsidiaries and joint ventures cover exploration, drilling and production operations, transport, storage, marketing and sale of crude oil, natural gas liquids, liqueed natural gas, rened products, petrochemicals and fertilizers, and providing helicopter services. Qatar Petroleum’s strategy of conducting hydrocarbon exploration and new projects is through Exploration and Production Sharing Agreements (EPSA) and Development and Production Sharing Agreements (DPSA) concluded with major international oil and gas companies. The operations and activities of Qatar Petroleum are conducted on various onshore locations, which include Doha, Dukhan, Mesaieed and Ras Laan Industrial Cities, as well as oshore areas including Halul Island, Oshore Production Stations, Drilling Platforms and the North Gas Field. In addition to its operations, QP carries out its activities through the following subsidiaries, joint ventures and other investments. A – Subsidiaries QP Interest Percentage % C- Other Investments % Qatar Petroleum Qatar Gas (3) Ltd. 100.0 Qatar Fuel Co. (WOQOD) 40.0 Gulf Helicopters Co. (Gulf Helicopters) 100.0 Qatar Shipping Co. (Q-SHIP) 18.5 Al Koot Insurance and Reinsurance Co. 100.0 Qatar Metal Coating Co.W.L.L 35.0 Qatar Petroleum Gas Trading (QGII) Ltd. 100.0 Qatar Real Estate Investment Co. 0.7 Qatar Petroleum LNG Services (QGII) Ltd. 100.0 Qatar Plastic Production Co. (QPPC) 26.6 Qatar Terminal Co. Ltd.
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