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. Qatar Petroleum was created in 1974.

Qatar is a peninsula of 11.437 sq. Km. located halfway down the west coast of the Arabian Gulf. The Emir, His Highness Sheikh Tamim Bin Hamad Al Thani, is the ruler of Qatar and is the head of the constitutional authorities, holding both legislative and executive powers. Oil and gas have given Qatar one of the highest per capita incomes in the world and made it one of the fastest-growing economies. Displaying an enlightened approach to prosperity, Qatar is channeling its wealth not into trophy assets but into funding the advancement of culture, science, and education. Its strategic path towards a post-hydrocarbon economy will be through a vibrant, knowledge-based society. Energetic and ambitious, the State of Qatar has emerged from virtual anonymity to become one of the most forward-thinking nations in the Middle-East, with increasing regional and global influence. Latest estimates put Qatar’s population at more than 1.5 million. By 2030, Qatar aims to be an advanced society capable of sustaining its development and providing a high standard of living for all of its people. Qatar’s National Vision defines the long-term outcomes for the country and provides a framework within which national strategies and implementation plans can be developed.

About Us

Our strategy is designed to help us define our ambition, where we wish to invest, the priorities for improvement and implementation plans as we enter this new era of growth.
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<li>It revolves around six major themes:</li>
<li>​strengthen QP’s technical capability,</li>
<li>​​maximize upstream value to State of Qatar,</li>
<li>​create a large-scale value-adding international portfolio,</li>
<li>​​re-inforce Qatar’s LNG &amp; global gas position,</li>
<li>​maximize downstream added value, and</li>
<li>​​promote energy efficiency &amp; optimum energy mix in Qatar.​</li>
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Strategy

The biggest challenge in our drive to transform Qatar Petroleum is creating and sustaining a new culture, which will shape how we will work together as ‘one team’ going forward.This is why we have developed a set of values to act as the pillars of our work culture and to give momentum to the capabilities, mindsets, processes, systems and behaviors of our people.The six values are: ​​​Safety We care for our people and see safety as a priority for everyone. We are committed to an incident-free, secure, safe and healthy environment for our employees, stakeholders, partners and communities where we operate. Integrity We place the highest importance on honesty and ethical behavior, always choosing to do the right thing. We value transparency in our dealings with each other and  stakeholders. Through this we build strong and successful relationships. We believe results matter, but how we achieve those results also matters.​ Respect We respect our colleagues, stakeholders, partners and communities and act with care and consideration to build trusting relationships. We value our diversity and each individual’s contribution.​ ​​​Excellence We continually improve our processes to achieve greater efficiency, productivity and higher performance. We generate and are open to new ideas. We learn from both our successes and mistakes. Each of us is accountable for the quality, efficiency and effectiveness of our work.​ ​​Responsibility We are committed to operating in a socially responsible manner, caring for the environment and the communities we impact and our employees. We manage our people and assets responsibly, serving as a catalyst for growth to ensure the prosperity of future generations. We develop everyone for the benefit of QP and the country with a special emphasis on the capabilities of Qataris.​ Collaboration We communicate across all areas and levels, sharing information and considering diverse viewpoints to achieve our common goals. We empower others, build ownership, create accountability and enhance cooperation. We recognize and appreciate those who work across teams and groups to achieve QP’s vision and strategy.

Qatar Energy