Qatar - National US-Arab Chamber of Commerce

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ExxonMobil’s Strategic Partnership with Qatar: An Ongoing Success Story The State of Qatar has become the world’s largest exporter of liquefied natural gas (LNG) in less than 15 years, and ExxonMobil has played a significant role in helping Qatar achieve this goal. In December 2010, when Qatar celebrated reaching a production capacity of 77 million tons per annum of LNG, Rex W. Tillerson, Chairman and Chief Executive Officer of ExxonMobil was there to celebrate with the Qataris. “We are honored to be a part of this major accomplishment,” Tillerson noted, “and we look forward to our continuing partnerships in the State of Qatar.” ExxonMobil’s partnership with Qat a r Pe t ro - l e u m ’s L N G projects began in the early 1990s, when Qatar faced the challenge of developing the North Field – the world’s largest non-associated gas resource – located far away from electrical and natural gas markets. Qatar Petroleum and ExxonMobil worked together to design and build the facilities to process the gas and gas liquids from the North Field. Harnessing its global experience and knowledge of gas markets, ExxonMobil worked closely with the Government of Qatar and Qatar Petroleum to facilitate access of Qatargas and RasGas LNG to traditional markets in Asia and to develop new opportunities in Europe and the United States. Qatar’s North Field (above and top right) of which ExxonMobil is a major partner Operating efficiency and value chain reliability have been major contributors to Qatar’s success in the LNG business. Exxon- Mobil and Qatar Petroleum’s series of scale and technology initiatives have kept production costs well below industry benchmarks. ExxonMobil’s technical expertise has also led to one of the world’s largest marine construction projects for a new class of LNG transport ships with unparalleled cost competitiveness. 22 NUSACC • www.nusacc.org “There are two essentials that are necessary for a company like ExxonMobil to consider before entering into business in a new country,” notes Tillerson. “Qatar provided both of these. First is the world-class resource in the form of the North Field. Equally, if not more importantly, is the leadership of the country and the vision of the Emir to create a proper business environment that gave us the confidence to come in and risk our capital.” In January 2011, Qatar’s Deputy Premier and Minister of Energy and Industry, H.E. Abdullah bin Hamad Al Attiyah, and Andy Swiger, Senior Vice President of ExxonMobil, announced that Qatar and ExxonMobil agreed to jointly develop the Barzan Gas Project, which will provide 1.4 billion cubic feet of gas per day to meet the rising gas demand to fuel Qatar’s impressive economic expansion. The project will be located in Ras Laffan Industrial At a Glance: ExxonMobil in Qatar City and will be operated by RasGas. The first gas flow is planned for 2014. ExxonMobil is the world’s largest publicly traded integrated petroleum and natural gas company, and the firm is a global leader in the petrochemical industry. The company operates facilities and markets products around the world and explores for oil and natural gas on six continents. ExxonMobil’s numerous joint ventures in Qatar include the following: • Participant in 12 of Qatar’s 14 LNG facilities to cool the gas, ships to transport the gas to foreign markets, and three foreign terminals where the gas is received for distribution to power plants, factories and homes. This includes projects with Qatargas (QG 1 and QG 2), three with RasGas (RL 1, RL 2 and RL 3), and one with Ras Laffan Refinery through its affiliate – ExxonMobil Qatar Refinery Limited. Qatargas 2 and Ras Laffan 3 are two of the largest integrated LNG projects ever undertaken. • Helped develop the world’s largest LNG carriers with as much as 266,000 cubic meters for transportation of LNG to receiving terminals in the United Kingdom, Italy, the United States and to other regional and foreign markets. • The only foreign shareholder in Al Khaleej Gas and in the Barzan project. ExxonMobil’s decades-long commitment to Qatar extends beyond that of a joint venture partner and investor. The company is active in a variety of initiatives and projects to support economic growth and the wellbeing of Qatar. ExxonMobil also strives to uphold the Four Pillars of Qatar’s National Vision 2030 – human, social, economic, and environmental development. The company shares the Qatar Foundation’s objectives to advance science and technology through research and development. ExxonMobil Research Qatar Limited is an anchor tenant at the Qatar Science & Technology Park in Doha. Since 2005, the company has supported the Career Counseling Unit at the Social Development Center in Doha, which prepares young Qatari women to join the workforce. ExxonMobil Qatar Inc. (EMQI), a subsidiary of ExxonMobil, supports local job growth by recruiting graduates from Qatar University, as well as from other local universities and colleges. Qatari nationals are also recruited from universities around the world and provided with on-the-job training. In addition, EMQI coordinates ExxonMobil affiliate operations in Qatar, which support numerous philanthropic, educational, social, cultural, and sporting activities. These activities include the Qatar ExxonMobil Tennis Open, the World Innovation Summit for Education organized by Qatar Foundation, INJAZ Qatar, and the Social Development Center.
GE Partners in Qatar’s Diversified Growth Principally led by the oil and gas sector, which contributes to over 70 percent of the Government’s revenues, Qatar is uniquely positioned as a key market for GE in the Middle East region. Qatar’s focus on the production and export of natural gas, with the country accounting for the world’s third largest proven reserves, is a perfect fit to GE’s abilities in this sector. In Qatar, GE has been providing advanced gas turbines, compressors and other equipment to support the country’s natural gas and LNG industries for over 35 years. In more recent years, in tune with the economic diversification initiatives of Qatar, GE has also widened its businesses in the country. Today, with over 250 employees across three offices and facilities, GE serves the energy, water technologies and healthcare businesses, which also contribute to the overall economic and social growth of the country. Installation of GE gas compression units for Qatargas’ Train 1 LNG facility Central to GE’s commitment to Qatar are its dedicated investments in driving education, training, and new product development. This is embodied in the imminent opening of the GE Advanced Technology Research Center (GEATRC) in the Qatar Science & Technology Park. The opening of GEATRC is a significant step in the company’s growth outlook for the entire Middle East, where GE has a presence that spans over eight decades. The $50 million GEATRC, spread over 20,000 square meters, highlights the thought leadership and innovation competencies of GE’s four business divisions – GE Global Research, GE Oil & Gas, GE Aviation, and GE Healthcare. GEATRC is also a perfect complement to Qatar’s National Vision 2030 to promote human, social, economic, and environmental development by helping the country to build a knowledge-based economy. GE’s Qatar Service Center for Oil and Gas in Ras Laffan In addition to its focus on boosting innovation and operational efficiencies, the Center also contributes to empowering talented Qataris and enhancing their knowledge base and skill sets, as well as delivering process and product enhancement for GE customers across the Middle East. The opening of the Global Water Sustainability Center in partnership with ConocoPhillips, and the new manufacturing facility by Al Farraj Trading & Manufacturing Company (FTMC) to assemble and supply GE electrical equipment across the region, are indicative of GE’s thought leadership initiatives that meet Qatar’s requirements for the future. GE has established strong public/ private partnerships in Qatar in recent years, including a multimillion, multi-year partnership with RasGas Company Limited (RasGas) for an LNG and Sales Gas production complex in the Ras Laffan Industrial City. The Qatar Service Center of GE Oil and Gas in Ras Laffan is a center of excellence that serves as a technology hub for the region, thereby expanding GE’s local service capabilities. GE has also partnered with Qatar Steel to provide complete production management solutions. Through its association with Al Shaheen Energy Services, a wholly owned subsidiary of Qatar Petroleum, GE has consolidated the presence of GE Oil and G a s PI I P i p e l i n e Solutions in the region, and GE has established a JV for aftermarket services of Turbomachinery equipment in Qatar. The JV will help Q a t a r t o a c h i e v e increased oil and gas capacity by leveraging GE’s most advanced technologies. Highlighting the diversified business interests of GE in Qatar, the company has partnered with Qatar Airlines to provide GEnx engines for 60 Airbus A350 aircraft in addition to forming a 50-50 joint venture with Qatar Foundation to serve as the headquarters for GE’s Healthcare IT business in the Middle East and Africa. With more than 2,000 employees based Steam turbine rotor assembly at the GE Oil and Gas plant in 17 ground facilities in eight countries in the Middle East, GE’s CAGR (Compound Accumulated Growth Rate) in the region from 2005 to 2009 was 23 percent – highlighting the strong role that the region plays in the company’s growth. Artist rendering of the GE Advanced Technology and Research Center in the Qatar Science & Technology Park US-Arab Tradeline • Spring 2011 23
Page 1 and 2: In this issue: Articles Page Qatar
Page 3 and 4: H.H. Sheikh Hamad bin Khalifa Al-Th
Page 5 and 6: Photo courtesy of the Embassy of Qa
Page 7 and 8: Deputy Prime Minister Abdullah bin
Page 9 and 10: Ministry of Energy and Industry: A
Page 11 and 12: I N T E R V I E W Joseph E. LeBaron
Page 13 and 14: Qatar Museums Authority: Redefining
Page 15 and 16: Qatar’s Infrastructure Boom Throu
Page 17 and 18: We conquer the toughest logistical
Page 19 and 20: Qatar Celebrates Historic Milestone
Page 21: CREATE. ENHANCE. SUSTAIN. Deliverin
Page 25 and 26: Building the Future For over 100 ye
Page 28 and 29: Qatar Foundation: Putting Education
Page 30 and 31: ictQATAR - Streamlining Qatar’s F
Page 32: Lockheed Martin to Supply C-130J Su
Page 35 and 36: Boeing Projects Demonstrate Long-Te
Page 37 and 38: Fifty percent quieter on-wing. A 75
Page 39 and 40: Smart people solving hard problems
Page 41 and 42: Photo courtesy of www.pakistan-floo
Page 43 and 44: power to create less Did you know?
Page 45 and 46: Inspiration Innovation We’re buil
Page 47 and 48: Parsons Brinckerhoff (PB) provides
Page 49 and 50: Innovative financial solutions for
Page 51 and 52: Qatar Chamber of Commerce and Indus

Qatar - National US-Arab Chamber of Commerce

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