Oil and gas are two of the most vital resources in the world today. With a significant portion of global energy demand coming from these resources, it`s no surprise that extraction, production, and distribution are big business. One country that has been a major player in the oil and gas industry is the United Arab Emirates (UAE). Many oil and gas contracting companies in UAE have been instrumental in driving the sector`s growth and development. In this article, we`ll take a closer look at some of the top oil and gas contracting companies in UAE.
1. Emirates National Oil Company (ENOC)
ENOC is a leading oil and gas company in the UAE. The company was established in 1993 and has since grown into a major player in the industry. ENOC operates in several areas, including the exploration, production, and refining of oil and gas. The company also has a strong presence in the international market, with operations in several countries across the globe.
2. Abu Dhabi National Oil Company (ADNOC)
ADNOC is another major oil and gas company in the UAE. The company was established in 1971 and is owned by the government of Abu Dhabi. ADNOC operates in several areas, including exploration, production, and distribution of oil and gas. The company also has a strong focus on research and development, with a particular emphasis on sustainability and environmental responsibility.
3. Gulf Petrochem
Gulf Petrochem is a privately-owned oil and gas company based in the UAE. The company was established in 1998 and has since grown into a major player in the industry. Gulf Petrochem operates in several areas, including the supply and distribution of oil and gas products. The company is also involved in trading and shipping, with operations in several countries across the globe.
4. Dragon Oil
Dragon Oil is a UK-based company with operations in the UAE. The company was established in 1971 and has since grown into a major player in the oil and gas industry. Dragon Oil operates in several areas, including exploration, production, and distribution of oil and gas. The company also has a strong focus on research and development, with a particular emphasis on sustainability and environmental responsibility.
5. Petrofac Emirates
Petrofac Emirates is a joint venture between the UAE-based Mubadala Petroleum Services Company and the UK-based Petrofac. The company was established in 2008 and has since grown into a major player in the oil and gas industry. Petrofac Emirates operates in several areas, including the exploration, production, and distribution of oil and gas. The company also has a strong focus on training and development, with a particular emphasis on developing local talent.
In conclusion, oil and gas contracting companies in UAE are pivotal players in the global energy sector. There are several companies operating in this market, each with their own unique strengths and focus areas. As the UAE continues to grow and develop, the role of these companies in shaping the sector will become increasingly important.