Dubai is an innovator in the oil and gas sector among the rapidly changing global energy industry. This field is not only vital for the world economy but also for Dubai’s economic growth and sustainability. Additionally, Dubai’s location at the center of major international markets has made it a destination for many top oil companies Abu Dhabi worldwide; a move that solidifies its position as an influencer in the international energy market. These organizations also play a major role in driving technology forward within their industry which subsequently leads to job creation and prosperity for most people living within that geographical area with these companies’ presence.
This article’s purpose is to give an extensive look into some of the major oil and gas companies in Dubai by showing what they do, their input and effects in both local and global energy industries. This article brings out different companies such as Emirates National Oil Company (ENOC), Dubai Petroleum, Dragon Oil and Schlumberger, which have harnessed unique strategies and innovations for this sector. It will also analyze them on various business fronts including exploration and production up to offering state-of-the-art services and technologies that define tomorrow’s power.
Overview
Emirates National Oil Company (ENOC) is a prominent state-owned entity in Dubai, established in 1993. It operates under the Investment Corporation of Dubai, showcasing a diversified portfolio in the oil, gas, and coal industries. ENOC serves as a critical player in both the regional and global markets, contributing significantly to Dubai’s energy sector.
Core Services
ENOC’s operations span across various facets of the energy sector, including upstream, midstream, and downstream activities. It manages a wide array of services from exploration and production to supply and trading of petroleum products. A notable subsidiary, ENOC Processing Company LCC (EPCL), operates the Jebel Ali refinery which is pivotal in the region’s oil processing landscape.
Key Projects
The company has expanded its reach beyond Dubai to the Northern Emirates and recently Abu Dhabi. This strategic move enhances its service capabilities across the United Arab Emirates. ENOC continues to advance in technological and operational developments, aiming to boost energy efficiency and sustainability in its projects.
Contact Information
For further details or inquiries, ENOC can be reached at their main office located at ENOC House 1, First Floor IT Department, Dubai, with the contact number +97143134333. This contact information facilitates direct communication and engagement with the company for potential collaborations and services.
Overview
Dubai Petroleum, established as a major player in the regional oil industry, focuses on the responsible exploration and extraction of oil and gas both onshore and offshore. The company is committed to leveraging technology to maximize existing reserves while continuously exploring new opportunities.
Operations
Dubai Petroleum operates five significant offshore oil fields: Fateh, South-West Fateh, Falah, Rashid, and Jalilah, located approximately 60 miles offshore in the Arabian Gulf. These fields are supported by a dedicated supply base in Jebel Ali. The company emphasizes safety and environmental sustainability in all its operations, ensuring compliance with applicable laws and regulations.
Key Projects
The oldest among its projects, the Fateh field, started in 1969 and includes 47 platforms. The South-West Fateh and Falah fields were discovered in the early 1970s, with production commencing shortly thereafter. The Rashid field, operational since 1979, and the Jalilah field further highlight Dubai Petroleum’s extensive involvement in the region’s oil sector.
Contact Information
For inquiries and further information, Dubai Petroleum can be contacted at their main office located at 1st Interchange, Sheikh Zayed Road, Al Safa Street, Dubai, UAE. Phone numbers are +971 4 343 2222 and +971 4 301 2200.
Overview
Dragon Oil, headquartered in Dubai, United Arab Emirates, is a subsidiary of Emirates National Oil Company (ENOC). This privately held company excels in upstream oil and gas exploration, development, and production. Registered in Ireland, Dragon Oil has established a significant presence in Turkmenistan and is expanding its operations globally.
Operations
The company’s principal producing asset is located at Cheleken in the Caspian Sea, with additional exploration activities in regions such as Tunisia, Afghanistan, Algeria, Egypt, Iraq, and the Philippines. Dragon Oil has achieved notable production milestones, reaching 100,000 barrels of oil per day in 2015.
Expansion Plans
Dragon Oil’s strategic initiatives include expanding its investment in Turkmenistan’s oil and gas industry. Recent agreements aim to increase production with three new fields in Turkmenistan’s Block 19 offshore area. The company has also begun oil production from the Al Wasl field in Egypt, with plans to significantly increase exploration and production activities across various regions.
Contact Information
For more information or inquiries, Dragon Oil can be contacted at their main office located at Building 16 – DHCC – Riyadh St – Umm Hurair 2 – Dubai Healthcare City, Dubai, UAE. Phone: +97143053600, Email: info@dragonoil.com, Website: https://www.dragonoil.com/.
Overview
Schlumberger, also known as SLB Emirates, is renowned for its innovative technology solutions that significantly enhance access to energy worldwide. The company is dedicated to addressing planetary problems with global solutions that are locally deployed, emphasizing a balance necessary for the climate, people, and nature.
Technological Innovations
Schlumberger’s commitment to technology and innovation is evident in its ability to access more mature field reserves and expedite the online integration of green fields with sustainable performance. They harness Earth’s heat as a reliable, sustainable resource and redefine system-level optimization. Their technologies are pivotal in accelerating the path to net zero, with comprehensive solutions across the Carbon Capture, Utilization, and Storage (CCUS) value chain.
Key Projects
Significant projects include the deployment of technologies that remove methane and flaring emissions from operations permanently. Schlumberger also focuses on reducing environmental impacts with practical, quantifiably proven solutions and enhances business performance through the unmatched collection, curation, and intelligent interpretation of data.
Contact Information
For more details on collaboration or inquiries about Schlumberger’s services and technologies, interested parties are encouraged to reach out via their official communication channels.
Also Read: Outsourcing Strategies in the Upstream Oil and Gas Industry
So, we have covered the various aspects of this ever changing industry which is also considered as the foundation stone for many economies. Economic growth both locally within UAE and internationally should never be left out when discussing any firm ’s success story therefore; these organizations have become benchmarks for other players within their field worldwide in terms of environmental friendliness as well as efficient energy production and use.
This field is always changing and can be very complicated. We need complete solutions including experienced services, training, consulting, and maintenance. Therefore it is important to get in touch with The GET Global Group to succeed in the oil and gas industry upstream. They have made solutions that work for this dynamic market so as to enhance the company’s abilities and achievements. For those who want turnkey outsourced solutions which are developed to solve your needs; The GET Global Group should be your number one choice because they will enable you to achieve strategic goals while operating at the highest level possible in the industry.
Also Read: The Latest Developments in the Energy Industry in 2023
