NOCs and IOCs reache culminated stage of their development
- Qatar: Saturday, March 09 - 2013 at 09:43
- PRESS RELEASE
In the wake of $100 oil over the last couple of years we have witnessed a new transformation, less defined perhaps but equally as dramatic - NOCs are becoming IOCs, Supermajors are slimming down, Independents are joining forces and pioneering exploration, Service companies are taking on IOC activities and the development of shale oil and gas has become a global conversation.
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."
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