Do you want to explore the UAE oil and gas industry? Do you want to become a prominent supplier of products and services of the rapidly growing oil and gas companies of UAE?
As per the research, UAE oil and gas market is expected to register a CAGR of more than 2%,during the forecast period of 2022-2027.
Report also suggests that the UAE country also seeks to become self-sufficient by the year 2030.
Thus, this is the best time to invest in UAE oil and gas companies.
Before you reach out to any company in the UAE, it is important to know the top players of the oil and gas companies of UAE.
Let’s discover some of the top oil and gas companies in the UAE.
Top 10 oil and gas companies in UAE 2024
1. Abu Dhabi oil and gas company
Location: Abu Dhabi
Revenue: $12.5 B
With the oil production capacity of more than 4 million barrels a month Abu Dhabi oil and gas company(ADNOC) is 12th largest oil and gas company of Abu Dhabi in the world by production.
From exploration and production to refining and marketing, the company operates through the whole oil and gas value chain.
It is a leading diversified energy group fully owned by the Abu Dhabi government.
It is already in the top tier of lowest carbon intensity oil and gas producers in the world.
2. Total Energies SE
Location: Dubai. Abu Dhabi
Revenue: $262.31b
Founded in the year 1924, total energies SE is one of the seven supermajor oil companies. The company has total 4 segments namely Exploration and production, renewables & power, Refining & chemicals, and marketing and services.
The company’s customer base includes transportation, manufacturing, electricity generation, construction, agriculture, consumer goods, aviation, and maritime. With a presence in over 130 countries, it has over 105,000 employees.
3. BP LPC
Location: Abu Dhabi
Revenue: $241.4 B
BP LPC is an oil and gas company that is a subsidiary of BP PLC which is a British multinational oil and gas company headquartered in London. It has a presence in UAE and operates with the joint partnership with Abu Dhabi national oil company.
The company has upstream assets in Abu Dhabi, and it has its upstream, downstream, and global energy trading business.
4. Exxon Mobil corporation
Location: Global company and located in various locations in UAE
Revenue: $413.68b
Exxon Mobil corporation is a multinational company and one of the largest US investors in UAE that is committed to development of emirates natural resources in cooperation with a joint venture of Abu Dhabi oil and gas company.
ExxonMobil is the outcome of the combination of two companies, namely Exxon and Mobil in 1999. The company is involved in all aspects of the oil and gas industry that includes exploration, production, refining and marketing of a large range of petroleum and petrochemical products. ExxonMobil relies on complex oil and gas software development to optimize exploration, drilling and production operations.
It has a global presence in more than 200 countries and territories. Along with crude oil and natural gas, it also has interest in development of alternative energy sources such as bio fuels and advanced energy technology.
5. Emirates national
Location: Dubai
Revenue: $32.6b
Founded in 1993, Emirates national oil company was founded by the government of Dubai.
The company operates through various segments of the energy sector that includes upstream, downstream, and midstream activities.
Along with production, refining and distribution, it is popular for its extensive retail network in the UAE. It operates a chain of service stations, convenience stores and car wash facilities under the brand name of “ENOC” and “EPPCO”.
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6. Dubai petroleum
Location: Dubai
Revenue: $237.1m
One of the leading oil and gas companies, Dubai petroleum was established in the year of 1971 as Dubai oil company.
Dubai Petroleum is responsible for managing Dubai’s offshore petroleum assets.
The company’s key focus is to continue implementing the latest technological solutions to maintain existing resources as well as exploring future oil and gas opportunities.
Dubai Petroleum is committed to continuously improving its efforts towards protecting the environment and is an ISO 14001 certified company.
The company offers a full range of engineering, design, procurement, and construction services for major onshore oil and gas, refining, and petrochemical projects.
Dubai Petroleum markets its services to oil and gas companies throughout the Middle East.
The company was founded in 1981 and is a government agency wholly owned by the government of Dubai.
7. Crescent petroleum
Location: Sharjah
Revenue: $3.06
With over 40 years of experience, Crescent petroleum is one of the oldest gas and petroleum companies in the Middle east. It is headquartered in Sharjah, United Arab Emirates and has international offices in the United Kingdom, Iraq, Egypt and in Bahrain.
It is one of the largest and private upstream oil and gas companies in the United Emirates. It mainly focuses on natural gas to promote the use of natural gas for clean and sustainable energy.
8. Dana Gas
Location: Sharjah
Revenue: $529M
Based in Sharjah, Dana gas is a publicly traded natural gas company. Dana Gas is focused on sustainable growth in the region across the natural gas value chain and aims to be the leading natural gas company in the Middle East.
The company has exploration and production assets in Egypt, the Kurdistan Region of Iraq, and the United Arab Emirates, with a daily output of 72,200 barrels of oil equivalent.
Dana Gas plays a role in the natural gas sector in the Middle East, North Africa, and South Asia.
9. Sharjah Oil and gas company
Location: Sharjah
Revenue: not available
Based in Sharjah, Sharjah oil and gas company was established in the year of 2010 by emiree decree and fully governed by government. It provides energy service throughout the UAE, middle east, north Africa, and eastern Mediterranean.
The company invests in exploration to discover new sources of energy and applies the latest techniques available in the industry to maximize the value of the Sharjah assets to Sharjah and the UAE. SNOC is committed to doing business in a clear, open, and transparent way, making a commitment to its partners, customers, and suppliers. SNOC has a LinkedIn page and a website where more information about the company can be found.
10. AL Masood energy
Location: Abu Dhabi
Revenue: Not available
AL Masood energy was founded in the year 1971 and was formerly known as AL Masood oil and gas. It was the first oil and gas supplier company in the UAE.
With almost 50 years of experience in upstream and downstream operation, AL Masood has manpower of over 900 employees.
The company provides advanced energy service throughout the UAE, Middle East, North Africa, and Eastern Mediterranean.
Conclusion
When you know the top players of the United Arab Emirates (UAE), you can know your ICP. And when you know your ICP, you can put all your efforts and time in the right direction.
This list will help you in your further research about your target audience and curate your pitch with the right approach.
