Qatar Petroleum (QP) has changed its name to QatarEnergy, Minister of State for Energy Affairs and President and CEO of QatarEnergy HE Saad bin Sherida Al Kaabi announced on Monday.
With a new logo and brand identity, QaterEnergy will continue to deliver the cleaner energy that the world needs, and to play its role as an active global partner in the search for better solutions in the ongoing energy transition.
This follows a historic evolution that saw Qatar Petroleum Company (QPC) transform into Qatar General Petroleum Corporation (QGPC), then becoming Qatar Petroleum (QP) twenty years ago, and QatarEnergy (QE) on Monday.
Al Kaabi said, “We are moving full steam ahead to develop the North Field by building state-of-the-art LNG trains that would take our leadership position further with a production capacity of 126 million tons per annum by 2027. Not only that, but we are making sure that we protect our environment by keeping our carbon footprint at a minimum. This is why we are utilizing sophisticated carbon sequestration methods to capture and sequester 9 million tons of CO2 per annum by the end of this decade.”