Qatar Petroleum this week assumed the management and operatorship of the Idd El Shargi North Dome (ISND) and Idd El Shargi South Dome (ISSD) offshore oil fields, following the expiration of their agreement with Occidental Petroleum of Qatar Ltd (OXY).

QP takes over OXYQatar Petroleum had previously announced that it would be taking over the operatorship of the ISND field once the related development and production sharing agreement expired. Qatar Petroleum said that it also offered employment to all OXY employees.

Minister of State for Energy Affairs and President/CEO of Qatar Petroleum, HE Saad Sherida Al Kaabi, welcomed all the new employees from OXY to Qatar Petroleum and expressed confidence in the company’s human capital as the main driving power behind its continuous successes.

Al Kaabi also thanked OXY for its efforts and contributions in managing and operating the ISND and ISSD oil fields for the past 20+ years.

The integration of ISND and ISSD illustrates the development of Qatar Petroleum’s distinctive technical capabilities in operating and managing oil and gas fields.

For updates and more information, visit qp.com.qa.