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Press Release

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Shell and Qatar Petroleum to jointly pursue international opportunities

7/06/2007

At an event held in The Hague, Qatar Petroleum International (QPI) a wholly owned subsidiary pf Qatar’s state owned company Qatar Petroleum, and a subsidiary of Royal Dutch Shell plc signed a Memorandum of Understanding (MOU) aimed at identifying and developing international projects of mutual interest throughout the energy value chain.

 

The MoU was signed on behalf of QPI by His Excellency Abdullah bin Hamad Al-Attiyah, Deputy Prime Minister and Minister of Energy and Industry of Qatar, and by Linda Cook, Executive Director Royal Dutch Shell. Also attending and bearing witness to the signing were Nasser Jaidah, Chief Executive Officer of QPI and Jeroen van der Veer, Chief Executive of Shell.

 

“Qatar Petroleum’s goal to become a leading global energy company can only be attained through its participation in the development of key international projects. This agreement with Shell, a top player in the global energy business, represents a significant step in our quest to meet this ambitious target”, said H.E. Al-Attiyah. “We are very pleased to see our growing partnership with Shell take on a new dimension and look forward to the successful delivery of the joint project”, added H.E. Al-Attiyah.

 

Linda Cook added “We are delighted to team with QPI in joint pursuit of global business opportunities. Our combined experience and strengths within the energy sector make for an ideal partnership. Shell is proud to be a part of this exciting new endeavour and we look forward to further developing our strong relationship with Qatar.”

 

 

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