2016-02-07Al-BawabaQatar Petroleum agrees to buy 30 pct stake in Moroccan offshore blocks from ChevronReutersDUBAI Feb 8 Qatar Petroleum (QP) on Monday said it has agreed to buy a 30 percent stake in three deep-water offshore leases in Morocco from Chevron Morocco Exploration, a subsidiary of Chevron Corporation. The sale will reduce Chevron's stake in the ...Qatar Petroleum to Acquire Part of Chevron's Moroccan AssetsRigzoneQatar Petroleum buys stake in Chevron Morocco for offshore explorationAl-BawabaQatar Petroleum Expands its Oil and Gas Assets Base in MoroccoMorocco World NewsOffshore Technology -The National -OE Digitalall 93 news articles »
Qatar Petroleum has signed a three-year agreement to become a Commercial Partner of the Asian Football Confederation, becoming the latest backer of the continental body’s Club and National Team programmes.
The agreement was completed at the start of the 2014 season and sees
Qatar Petroleum, Qaargas and RasGas, join other leading firms in
sponsoring the Kuala Lumpur-based AFC and tournaments such as the AFC Asian Cup, the AFC Champions League and AFC Cup.
In comments at the signing ceremony, H.E. Dr. Mohammed bin Saleh Al-Sada, Minister of Energy and Industry in the State of Qatar and the Chairman of Qatar Petroleum described the agreement as “an important landmark in QP’s support of sports, particularly football.”
Dr. Al-Sada said “the partnership with the AFC comes a few weeks after Qatar celebrated National Sports day, and amidst intensive preparations to host the 2022 FIFA Football World Cup.”
“This agreement further emphasizes the role Qatar plays in the world of sports under the guidance and support of His Highness Sheikh Tamim bin Hamad Al- Thani, the Emir of the State of Qatar,” His Excellency concluded.
"We are delighted to welcome Qatar Petroleum, who become the latest elite brand to join the Asian football family as one of our highly valued commercial partners," said AFC General Secretary, Dato' Alex Soosay.
“Asian football has shown continual improvement year-on-year and, as our existing commercial partners can confirm, there is much to be gained through an association with the sport in Asia.
"We are sure the relationship between the AFC and Qatar Petroleum will be mutually beneficial and we look forward to a long and fruitful relationship."
Qatar Petroleum was established in 1974 and is responsible for all phases of the oil and gas industry in Qatar. The company’s principal activities cover exploration, drilling and production operations, transport, storage, marketing and sale of crude oil, natural gas liquids and liquefied natural gas.
Qatargas was established in 1984, and pioneered the Liquefied Natural Gas (LNG) industry in Qatar. Today, is the largest LNG producing company in the world, with an annual LNG production capacity of 42 million tonnes per annum (MTA) and is realising its vision to deliver LNG to its customers around the globe from its world-class facilities in Qatar.
RasGas Company Limited (RasGas) is the operator of all RasGas projects and is owned by Qatar Petroleum and ExxonMobil RasGas Inc. RasGas operates production facilities to treat, liquefy and export liquefied natural gas (LNG) to countries across Asia, Europe and the Americas. Based in Ras Laffan, Qatar, RasGas currently has seven LNG trains in operation
The deal is the latest to be brokered on behalf of the AFC by World Sport Group, the confederation’s exclusive marketing partner.
“The faith shown by Qatar Petroleum underlines the growth that continues to be evident within Asian football and this partnership is another significant moment in the growth of the AFC’s commercial programme,” said Pierre Khakia, President, West Asia, World Sport Group.
“The AFC Champions League and AFC Cup have encouraged significant growth in club football in Asia and are ably supported and complimented by the other events in the AFC’s club portfolio, thereby delivering significant exposure for our commercial partners.
“I’d like to welcome Qatar Petroleum to the Asian football family at what is a very exciting time in the history of the sport in the region.”
Qatar PETROLEUM News
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