Qatar Petroleum

Qatar Petroleum (QP) is a state-owned public corporation established by Emiri Decree No. 10 in 1974. It is responsible for all phases of the oil and gas industry in the State of Qatar. The principal activities of QP, its subsidiaries and joint ventures are the exploration, production, local and international sale of crude oil, natural gas and gas liquids, refined products, synthetic fuels, petrochemicals, fuel additives, fertilizers, liquefied natural gas (LNG), steel and aluminium.

QP’s strategy of conducting hydrocarbon exploration and development 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 QP and its affiliates are conducted at various onshore locations, including Doha, Dukhan and the Mesaieed and Ras Laffan Industrial Cities, as well as offshore areas, including Halul Island, offshore production stations, drilling platforms and the North Field.

Thriving on a spirit of enterprise, each of our joint ventures is underpinned by transparency, innovation and high standards of quality and service. At Qatar Petroleum, we are committed to one thing above all: Excellence. To become one of the best national oil companies in the world, with roots in Qatar and a strong international presence

Qatar Petroleum has gone through a remarkable transformation over the past three years as it places itself firmly on the road to realizing a very ambitious vision: “to become one of the best national oil companies in the world, with roots in Qatar and a strong international presence.”
In this endeavor, we have developed a set of strategy and values to become our corporate culture and to act as a clear roadmap to higher and wider horizons.

​​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. It revolves around six major themes ​strengthen QP’s technical capability,​​maximize upstream value to State of Qatar,​create a large-scale value-adding international portfolio,​​re-inforce Qatar’s LNG & global gas position,​maximize downstream added value, and ​​promote energy efficiency & optimum energy mix in Qatar.​

​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.

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. 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.​

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.​ 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.​

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.​ 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