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Qatar Petroleum to launch the Localization Program for Services and Industries in the Energy Sector

​Qatar Petroleum has announced that it will launch the Localization Program for Services and Industries in the Energy Sector “TAWTEEN” – an initiative to enhance localizing the sector’s supply chain and expand the small and medium enterprises base. ​

Qatar Petroleum completes distribution of first incentive shares to MPHC shareholders

DOHA, Qatar • 1 January 2019 – Qatar Petroleum is pleased to announce that it has completed the distribution of the first tranche of free incentive shares to eligible shareholders of Mesaieed Petrochemical Holding Company (MPHC) who have fulfilled eligibility conditions as at the close of trading in Qatar Stock Exchange on Monday 31 December 2018. The distributed shares are equivalent to 50% of those allotted to shareholders at the time of the MPHC initial public offering (IPO). It comes in accordance with the mechanisms set forth in the MPHC IPO Prospectus, and in line with Qatar Petroleum’s announcement when the shares of MPHC were issued for subscription in December 2013.

Qatar Petroleum announces acquisition of UDC’s 20% interest in SEEF Limited

DOHA, Qatar • 31 December 2018 – Qatar Petroleum announces the acquisition of United Development Company’s (UDC) 20% interest in SEEF Limited (SEEF), a petrochemical company engaged in the manufacturing of Linear Alkyl Benzene (LAB). Following this acquisition, SEEF will be fully owned by Qatar Petroleum. 

This transaction highlights Qatar Petroleum's pursuit of its strategy of consolidating its operations, as well as UDC's strategy of exiting non-core business.

Qatar Petroleum sets 31 December as the date for free Mesaieed Petrochemical Holding Company incentive shares distribution

DOHA, Qatar • 27 December 2018 – Qatar Petroleum announces that it has set 31 December 2018 as the distribution date of Mesaieed Petrochemical Holding Company (MPHC) free incentive shares to investors. This comes in implementation of Qatar Petroleum’s announcement at the time of the MPHC IPO in December 2013.

Qatar Petroleum signs agreement to acquire interest in three offshore oil Fields in Mexico

​Qatar Petroleum entered into an agreement with Eni to acquire a 35% participating interest in three offshore oil Fields in Mexico.

H.E. Mr. Al-Kaabi holds cooperation talks with the visiting U.S. Energy Secretary

​His Excellency Mr. Saad Sherida Al-Kaabi, the Minister of State for Energy Affairs, held talks in Doha today with visiting United States' Energy Secretary Rick Perry.

Qatar Petroleum signs an exploration agreement marking its first entry into the Republic of Mozambique

Qatar Petroleum entered into an agreement with an ExxonMobil affiliate to acquire a 10% participating interest in three offshore exploration blocks in the Angoche and Zambezi basins in the Republic of Mozambique.

H.E. Mr. Al-Kaabi leads Qatar’s delegation to its last OPEC meeting

​His Excellency Mr. Saad Sherida Al-Kaabi, the Minister of State for Energy Affairs, led Qatar’s last delegation to the meetings of the Organization of the Petroleum Exporting Countries OPEC, in the aftermath of the State of Qatar’s announcement on Monday withdrawing its membership in the organization.

Qatar Petroleum holds second ‘Mustaqbalna’ forum to empower young future Qatari leaders

​Qatar Petroleum held its second “Mustaqbalna” forum, which gave 450 Qatari nationals under development the opportunity to engage with the its executive leadership team, and to further align with its strategy, business plan, and future direction.

Qatar Petroleum announces the completion of QAMCO shares allotment process

​Qatar Petroleum announced the completion of the allotment process of the Initial Public Offering (IPO) shares which represent 49% of the issued share capital of Qatar Aluminium Manufacturing Company Q.P.S.C “QAMCO”.