To strengthen their competitive position in the downstream sector, Qatar Petroleum recently announced the integration of SEEF Limited’s (SEEF) operations into Qatar Petroleum before the end of the second quarter of 2020. As a result of this integration, QP Operations (Refining) will be fully operating the facilities of SEEF.
This integration is the natural next step of QP’s acquisition of SEEF interests last year, which provided Qatar Petroleum with full ownership of SEEF. The step will also allow QP to build world-class operations by extracting synergies between their refining operations and SEEF, and to strengthen resources, talents and capabilities.
This integration marks another step towards achieving Qatar Petroleum’s vision of becoming one of the best national oil companies in the world, and to ensure the reinforcement of Qatar’s continued and sustainable economic growth.
For updates and more information about Qatar Petroleum, visit qp.com.qa.