Last Updated on November 24, 2024

The oil and gas sector in the UAE is a vital force, driving the nation’s economy and contributing significantly to the global energy market. The top 10 oil and gas companies in the UAE are responsible for 85% of the country’s fossil fuel exploration, extraction, and exportation.

UAE’s Role in OPEC and Global Energy

As a prominent member of OPEC (Organization of Petroleum Exporting Countries), the UAE’s economy is deeply rooted in its oil and gas resources, similar to other members of this influential group. The country’s vast oil reserves and strategic investments have established it as a global energy leader.

Diversification Efforts

While the UAE has made significant strides in diversifying its economy through sectors like tourism, agriculture, manufacturing, and trade, oil and gas continue to be the backbone of its economic framework. Revenue from this sector is often reinvested into various projects, further fueling national growth.

Employment Opportunities

The oil and gas industry provides thousands of job opportunities, attracting both local talent and expatriates. With competitive salaries, robust benefits, and opportunities for career growth, this sector remains a preferred employment choice for many.

Focus on Local Giants

In this post, we’ll explore the top oil and gas companies in the UAE, delving into their size, influence, and the advantages they offer employees.

While many multinational firms have partnered with UAE-based companies through joint ventures, our spotlight remains on the local powerhouses shaping the nation’s oil and gas industry.

Top 10 oil and gas companies in UAE

1. Abu Dhabi National Oil Company (ADNOC)

ADNOC is not only the largest oil corporation in the United Arab Emirates but also a global powerhouse in the petroleum industry.

Since its establishment in 1971, ADNOC has grown into a dominant force in the Gulf region, with operations extending across Asia, North America, and Europe.

The company provides a wide range of upstream and downstream services, including oil field exploration, refinery processes, storage, and supply solutions.

ADNOC’s production capacity is staggering, averaging over 3.5 million barrels of oil and 10.5 billion cubic feet of natural gas per day.

With a diverse workforce representing more than 100 nationalities, ADNOC employs over 50,000 people worldwide.

2. Emirates National Oil Company (ENOC)

Founded by the Dubai government in 1993, Emirates National Oil Company LLC (ENOC) has established itself as a vital player in the oil and gas industry.

The company is involved in a wide range of activities, including exploration, production, supply, refining, trading, marketing, and retail.

ENOC employs approximately 9,000 people and serves customers across more than 60 countries. Operating through over 30 subsidiaries, ENOC specializes in diverse sectors such as storage, processing, aviation, and sales, making it a cornerstone of the UAE’s energy sector.

3. Abu Dhabi National Energy Company (TAQA)

TAQA, headquartered in Abu Dhabi, is a leading oil and gas corporation publicly listed on the Abu Dhabi Securities Exchange (ADX).

Renowned as a top utility provider in the MENA region, TAQA operates across 11 countries, offering a diverse range of services.

These include power generation, oil and gas exploration, water desalination, pipeline construction, and underground storage solutions.

With a workforce of over 2,000 employees representing 30 different nationalities, TAQA emphasizes diversity and excellence.

For those seeking a rewarding career in the oil and gas industry, TAQA stands out as a strong and reputable choice.

4. Emdad Services LLC

Established in 1979, Emdad Services LLC has become a leading provider of integrated upstream and downstream services in the hydrocarbon sector.

The company is also renowned for its expertise in geological data management, offering specialized solutions that support the oil and gas industry.

Emdad’s dedication to quality is reflected in its ISO 9001 certification, achieved in 2001, which highlights its commitment to excellence and industry standards.

5. Emarat

Founded in 1981, the Emirates General Petroleum Corporation, widely known as Emarat, is a prominent leader in the distribution of petroleum products and commercial fuel in the UAE.

Emarat is committed to supplying high-quality petroproducts to a diverse clientele, including public, private, and corporate sectors.

The company operates state-of-the-art service stations and manages extensive storage facilities located in key areas such as Jebel Ali, Dubai, Ras Al Khaimah, Fujairah, and other emirates, ensuring reliable and efficient fuel distribution across the country.

6. Dubai Petroleum Establishment (DPE)

Dubai Petroleum Establishment (DPE) has been a vital part of the UAE’s oil and gas sector since 1969, marking the year of the first commercial oil export from Dubai’s offshore Fateh field.

As one of the oldest and most established companies in the industry, DPE oversees the operation of several oil and gas fields across the UAE.

Renowned for its employee-focused culture, DPE places a strong emphasis on continuous learning and career development. Its commitment to personal and professional growth makes it a highly sought-after workplace for industry professionals.

7. Al Masaood Oil & Gas

With a history spanning over 50 years, Al Masaood Oil & Gas has been a significant contributor to the UAE’s oil and gas sector since its establishment in Abu Dhabi.

The company has grown its presence beyond the UAE, operating in regions such as the Middle East, North Africa, the Eastern Mediterranean, and South Asia.

Known for its commitment to fostering talent, Al Masaood Oil & Gas provides equitable career opportunities for both seasoned professionals and young talent, making it a leading choice for those pursuing a career in the oil and gas industry.

8. Sharjah National Oil Corporation (SNOC)

Sharjah National Oil Corporation (SNOC) is a trusted energy provider based in Sharjah, with operations extending across the UAE.

Owned primarily by the Sharjah government, SNOC is actively engaged in various aspects of the energy sector. Its services include oil and gas exploration, production, processing, exportation, and LPG gas storage, making it a key player in the region’s energy landscape.

9. Dana Gas

Founded in 2005, Dana Gas is a relatively new entrant to the UAE’s oil and gas sector but has quickly established itself as a significant player in the industry.

The company employs over 1,100 professionals representing 17 nationalities, with operations spanning the MENA region. Dana Gas’s commitment to diversity and innovation has been instrumental in driving its growth and success within the competitive energy market.

10 Crescent Petroleum Company

Founded in 1971 in Sharjah, Crescent Petroleum Company is a key subsidiary of the Crescent Group. With operations spanning the UAE and four other continents, the company plays a prominent role in both upstream and downstream activities in the oil and gas sector.

Crescent Petroleum manages a wide range of functions, including data analysis, financial and operational risk management, and staff supervision, showcasing its comprehensive approach to the energy industry.

Conclusion

The UAE is a hub for both national and international oil and gas companies. While many foreign firms operate in collaboration with local entities, the top 10 companies highlighted here represent the UAE-based giants that dominate the sector.

For those seeking a career in the oil and gas industry, these companies offer exceptional opportunities. With competitive salaries, comprehensive benefits, and a strong focus on employee growth and development, they stand out as top choices for professionals in the field.

Whether you’re an experienced professional or just beginning your career, these companies provide a robust platform for success and advancement in the dynamic and ever-evolving oil and gas industry.