NOCs and IOCs reache culminated stage of their development

"NOCs and IOCs reached a culminate stage of their development; better cooperation can present a formula for salvation and ensure a win-win situation. They can--without a shadow of a doubt- -engage in long-term partnership to attain mutual benefits, help ensure the industry development, improve global energy security of supply and demand, as today's choice will definitely impact on tomorrow's results," His Excellency Dr. Mohammed bin Saleh Al-Sada, Minister of Energy and Industry and Chairman & Managing Director of Qatar Petroleum, told The Gulf Intelligence Doha Energy Forum, which closed in Doha.

The Doha Energy Forum was held over the last two days under the patronage of His Excellency Dr. Al-Sada, who participated in an on-stage feature interview and Q&A at the annual industry knowledge event.

The forum was produced in partnership with Maersk Oil Qatar, which currently produces around one-third of Qatar's daily oil production, and hosted by Texas A&M University at Qatar.

"Maersk Oil is a long-term partner with Qatar Petroleum and the State of Qatar and is therefore pleased to encourage on-going dialogue between industry peers to help share knowledge and ideas," said Sheikh Faisal Al-Thani, Deputy Managing Director, Maersk Oil Qatar.

Dr. Mark H. Weichold, Texas A&M at Qatar Dean and CEO, said, "It is the University's pleasure to host the Doha Energy Forum for the fourth year. This forum serves as the event of record for the Doha energy sector and its growth is impressive. The Forum offers a great opportunity to connect with industry leaders and helps the University learn about emerging needs and respond to a rapidly changing energy industry through enhancing our teaching and expanding our research."