The corporation's authorized capital is QR 20 billion, whereas paid up capital is 10 billion.
Najwat Najem DPSA Preparation
Blocks-1, 3, 7 and 14: In-house hydrocarbon prospective studies continued as pre-bidding campaign phase of EPSAs.
Qatar Hydrocarbon Systems Joint Study successfully completed.
Block-5: The successful Nahr Umr appraisal well AL-Shaheen AP-17 was drilled in Block 5 during the year 2003.
Block-10: EPSA was officially awarded on 13 April 2003 to Talisman. All the block relevant pre-existing data was delivered to the operator, and QP Exploration Department is working with the Contractor to start the operations.
Block-11: 2D seismic acquisition started late 2003 and is successfully ongoing as planned.
Block-13: 3D seismic acquisition was completed successfully during 2003.
Block-4: Several EPSA offers were received, evaluated, and EPSA finalization is ongoing.
Najwat Najem: In house preparations for DPSA campaign are ongoing.
Qatar Hydrocarbon System Study was successfully completed on budget and as planned.
National Oil Distribution Company (NODCO) - Established in 1968 owned 100% by Qatar Petroleum.