Qatar’s state-owned petroleum company, Qatar Petroleum (QP) has changed its name to QatarEnergy and updated its blue-and-green logo, which reflects a critical turning point in the company’s history.
With the new logo and brand identity, QaterEnergy will continue to offer the cleaner energy that the world needs, as well as play its role as an active global partner in the search for better solutions in the ongoing energy transition. The company’s new slogan is “Your Energy Transition Partner”.
According to the statement, “The change in the company’s name follows a historic evolution that saw Qatar Petroleum Company (QPC) transform into Qatar General Petroleum Corporation (QGPC), then becoming Qatar Petroleum (QP) 20 years ago, and now QatarEnergy (QE).”
During the event, HE Saad bin Sherida Al Kaabi, Minister of State for Energy Affairs, President and CEO of QatarEnergy, provided an overview of the historic milestones that have driven this transformation, including the first oil discovery in 1938, the discovery of the world’s biggest non-associated gas field in 1971, and eventually becoming a global LNG leader.
Saad Sherida Al-Kaabi Qatar Minister of State Energy Affairs CEO & President – QatarEnergy
“Moving forward 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 tonnes 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 nine million tonnes of C02 per annum by the end of this decade. Natural gas is our core business, and we are conducting that most responsibly. Natural gas is also part of the solution in the ongoing energy transition and that it will be a requirement for sustaining the development of the world for at least a few decades.”
“Becoming QatarEnergy reflects our understanding of the global changes and our response to the need to protect our planet and the environment. Not only will our LNG projects bring additional cleaner energy to customers across the globe, but we will continue our heightened commitment to our central role in the global energy transition,” Mr. Al Kaabi added.
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