Business

QP to integrate operations of SEEF before end of second quarter in 2020

QP to integrate operations of SEEF before end of second quarter in 2020

November 24, 2019 | 08:19 PM
Qatar Petroleum
Qatar Petroleum (QP) will integrate the operations of SEEF into it before the end of the second quarter of 2020.
As a result of this integration, QP Operations (Refining) will be fully operating SEEF’s facilities.This integration is the natural next step of QP's acquisition of SEEF interests on December 31, 2018, which provided QP with full ownership of SEEF."This step will allow us to build world-class operations by extracting synergies between QP refining operations and SEEF, and to strengthen our resources, talents and capabilities," said the hydrocarbons major.This integration marks another step towards achieving QP's vision to become one of the best national oil companies in the world, and to ensure the reinforcement of Qatar’s continued and sustainable economic growth.QP is an integrated national oil corporation responsible for the sustainable development of the oil and gas industry in Qatar and beyond.
November 24, 2019 | 08:19 PM