QATAR PETROLEUM JOBS||QATAR GOVERNMENT JOBS

Job Summary

Organization	Qatar Petroleum
Location	Qatar
Job Type	GCC Jobs
Apply Mode	Online
Official Website	careers.qp.qa
Post	Various
Category	Petroleum JObs

About Qatar Petroleum

Qatar Petroleum (QP) is a state-owned petroleum company of Qatar. The company operates all oil and gas activities in Qatar, including exploration, production, refining, transport, and storage. QP’s President & CEO is Saad Sherida Al-Kaabi, Minister of State for Energy Affairs. QP’s operations are directly linked with state planning agencies, regulatory authorities, and policy-making bodies. Together, revenues from oil and natural gas amount to 60% of the country’s GDP. As of 2018, it was the third-largest oil company in the world by oil and gas reserves

After World War I and the collapse of the Ottoman Empire, Qatar fell within the British sphere of influence and the first onshore oil concession in the country was awarded in 1935 to British Petroleum’s predecessor, the Anglo-Iranian Oil Co. (AIOC). Because of its obligations under the Red Line Agreement, AIOC transferred the concession to an associate company of the Iraq Petroleum Co., Petroleum Development (Qatar) Ltd. (PDQ), which would operate the concession. PDQ was later renamed the Qatar Petroleum Co. (QPC). In October 1938, Dukhan No. 1 was spudded and yielded 4,000 barrels per day (640 m³/d) by January 1940. However, World War II delayed development until 1947 and the first crude exports occurred in 1949.