Oil & Gas

OUR BUSINESSES

Renew & Explore

During the 1990s Dutco became the founding promoter of a USD 800m petrochemical plant in Qatar, established to manufacture MTBE (a petroleum additive) and Methanol, in partnership with Qatar Petroleum (50%) and, ultimately, two other foreign investors. Dutco has retained a 15% interest since the plant came on stream, very successfully, in 2000. In anticipation of this project reaching maturity, Dutco began to explore other opportunities to expand and diversify its exposure to the oil & gas space, resulting in the establishment of Dutco Energy Ltd in 2012. Significant investment has followed in exploration and development fields in Texas (including the acquisition of acreage in the renowned Permian Basin), Louisiana and Oklahoma, as well as in niche downstream products and oilfield services in Africa, Singapore and elsewhere.