Held under the theme ‘Bridges to Our Energy Future’, WPC attracted the participation of thousands of delegates, including many ministers and a large number of CEOs of major oil and gas companies from all over the world.
QP President and CEO Saad Sherida al-Kaabi said, “The 22nd WPC conference and exhibition is an excellent opportunity for Qatar Petroleum to showcase its globally recognised achievements in the oil and gas industry. “It comes at a very important time in our growth highlighted by a number of announcements that would enhance Qatar’s leading position as the world’s largest LNG producer and exporter, particularly plans to raise Qatar’s LNG production from 77mn to 100mn tonnes per year.”
In addition to its participation in the WPC exhibition, QP was also a platinum sponsor as well as the lanyard sponsor of the 22nd WPC, thus giving the corporation the opportunity to highlight its presence in the event and further boosting its standing in the global oil and gas industry.
The Qatar pavilion included the exhibition booths of Qatargas, RasGas, and Qatar Chemical and Petrochemical Marketing and Distribution Company (Muntajat). Measuring a total of 400sqm, the pavilion highlighted the comprehensive upstream and downstream operations of QP and its subsidiaries and joint ventures.
The WPC is organised every three years by the World Petroleum Council. The 23rd WPC is scheduled to be held in Houston, Texas, in 2020. Doha hosted the 20th edition of the event in December 2011, and it marked the first time that this major industry event was held in the Middle East region.
1,357 new companies set up in June: MEC
The Ministry of Economy and Commerce (MEC) has released a report on internal trade in June 2017 which noted the establishment of 1,357 new companies. The report also said commercial registrations for the month stood at 972, while new sub-registries totalled 385.
The limited liability companies took the lead accounting for 63% of the total, followed by limited liability companies with a single owner (24%) and individual institutions (12%).
Some 193 commercial registrations were issued for contractor companies in June, the most of all activities. It was followed by restaurants as well as fruits and vegetable vendors at 125; public goods retail and clothing at 95 and 86 registrations for the trade of construction materials in June.
The number of commercial permits that were issued, amended, or renewed were 5,530.
The ministry issued 849 permits and amended 613 others. Some 4,068 permits were renewed.
As many as 247 companies were closed in June, about 18.2% compared to the number of companies that were newly established, according to MEC data.
For the most blunt activities, the list was topped by construction companies at 26%, followed by restaurants, fruits and vegetable shops (20%) and construction materials entities (15%).
The ministry also conducted a total of 21,935 transactions.
As for intellectual property, a total of 43 requests were made and 87 patents were renewed.
