CHAIRMAN: DR. KHALID BIN THANI AL THANI
EDITOR-IN-CHIEF: DR. KHALID BIN MUBARAK AL-SHAFI

Business / Qatar Business

Qatar Petroleum successfully integrates SEEF within QP Operations

Published: 19 Apr 2020 - 01:23 pm | Last Updated: 06 Nov 2021 - 03:28 am
Peninsula

The Peninsula

Doha: As part of the efforts to strengthen their competitive position in the downstream sector, Qatar Petroleum announced the successful completion of the integration of SEEF Limited’s (SEEF) operations into Qatar Petroleum ahead of the original deadline set at end of Q2, 2020. 

Starting today, and as a result of this integration, QP Operations (Refining) is fully operating SEEF’s facilities. Additionally, this integration will bring no change to SEEF’s brand, which will remain fully in place.

Our efforts to date have reconfirmed the benefits of integrating our two companies, which 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.

This integration marks another step towards achieving Qatar Petroleum’s vision to become one of the best national oil companies in the world, and to reinforce Qatar’s continued and sustainable economic growth.