Qatar Petroleum has changed its name to QatarEnergy, its CEO and President HE Saad bin Sherida Al Kaabi announced on Monday.
Event Location
Qatar, Qatar
Start Time
13 October 2021, 12:00 AM
End Time
31 October 2021, 12:00 AM
The world's number-two LNG producer, Qatar Petroleum, has rebranded as "Qatar Energy" and updated its blue-and-green logo. The rebrand follows the example set by Statoil (now Equinor) and Total (now TotalEnergies), which have recently shifted their messaging to emphasize investments in renewables.
The entity’s new slogan is “Your Energy Transition Partner”. It now also has a new logo as part of the rebranding exercise.
In making the announcement, Minister of State for Energy Affairs Kaabi 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.
The minister also shed light on how Qatar Petroleum has evolved over the past seven years, which saw a major restructuring in 2014, bringing marketing affiliates such as Tasweeq and Muntajat into QP, and conducting one of the world's largest mergers in the gas business to create the leader in the energy business worldwide —Qatargas. This also included taking over the management and operation of major energy resources such as Al-Shaheen, Idd Al-Shargi and Al Rayyan oil fields.
Like Equinor and TotalEnergies, Qatar Energy is heavily invested in LNG as a future fuel source. Until 2020, Qatar was the world's leading LNG producer, and it is working hard to regain its number-one title from upstart Australia, which took pole position in 2020.
Qatar Petroleum rebranded Qatar Energy