In the history of Qatra Petrolium, 2006 was a true landmark year in many aspects, during which the corporation managed to distinguish itself as one of the global leaders in energy projects.
On the national level, QP pursued its major role aimed to generate the main part of the national income, while, at the same time, providing the energy products for the domestic community and local industries. It developed excellent capabilities in managing resources, and became more efficient and commercially focused.
In the crude oil business, QP has been producing over half of Qatar's total oil output, with the rest generated by international companies operating under production-sharing agreements covering oil fields.
The current total oil output of 850,000 barrels per day (b/d), is expected to reach around one million b/d by the end of 2009. The development of the offshore Al-Shaheen field, announced by the end of 2005, will increase the production capacity of the structure to more than half a million b/d by then.
More About
QatarPetrolium and Jobs at Qatar Petrolium