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Tribune News Network
Doha
In its ongoing effort to strengthen its competitive position in the downstream sector, Qatar Petroleum on Sunday 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 the second quarter of 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,” QP said in a statement.
“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,” QP said.
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20/04/2020
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