The UAE is an OPEC member, the Organization of Petroleum Exporting Countries. Like the other members of this organization, the UAE economy also relies significantly on fossil fuel exploration, extraction, and exportation to other countries. After discovering the country’s huge potential fossil fuel reserve, numerous national and multinational oil and gas companies in UAE were established.
Although the UAE’s recent economic policies have emphasized other sectors such as tourism, agriculture, manufacturing, and trade, the reinvestment fund is still derived from the oil and gas projects.
While the economic backbone of the OPEC countries is Oil and gas sector the result for that it has created employment opportunities for residents and ex-pats in the gulf region. In this post, we will go over the top 20 oil and gas firms in the UAE by size and employment benefits.
Many foreign firms, especially from the United States and Europe, have business ventures with the local oil and gas companies in the UAE, As a result, we did not include them in our post because their local partners may have been listed here.
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ABU DHABI NATIONAL OIL COMPANY (ADNOC);
It is not only the largest oil corporation in the United Arab Emirates, but also a global petroleum giant that has expanded its operations in the Gulf region, Asia, North America, and Europe.
Since its inception in 1971, ADNOC has provided upstream and downstream services to clients including exploration of oil fields, refinery processes, storage, and supply services.
An average of more than 3.5 million barrels of oil and 10.5 billion cubic feet of natural gas is produced by the company each day. We can say that the organization has a diverse workforce because more than 100 nationalities are working for the company.
Additionally, ADNOC develops and distributes a wide range of petrochemical products in the global markets.
Since it is the world’s largest oil and gas corporation, it has employed more than 50 thousand people worldwide. The company follows local labor laws while dealing with employees, there is no good company to work in the Oil and Gas field other than ADNOC.
2. EMIRATES NATIONAL OIL COMPANY (ENOC);
The Dubai government formed Emirates National Oil Company LLC in 1993. Since then, it has been active in the exploration, production, supply, refining, trade, marketing, and retail of oil and gas.
ENOC has 9000 employees and serves customers in more than 60 countries around the world. More than 30 businesses have operated under the ENOC umbrella specializing in the storage, processing, aviation, and sales sectors.
3. ABU DHABI NATIONAL ENERGY COMPANY (TAQA);
Oil and gas giant TAQA is another Abu Dhabi-based firm that has listed the public on the Abu Dhabi Securities market (ADX). In terms of utility champion, the company is in the top ten list in the MENA region
The Abu Dhabi National Energy Company provides services in 11 countries, including power generation, oil and gas exploration, production, desalination of water, pipeline construction, and underground storage.
The company has employed more than 2000 staff with 30 nationalities to deliver the purpose, vision, and mission of the organization.
4. EMDAD SERVICES LLC
It was established in 1979 and acquired the ISO 19001 certification in 2001. EMADAD provides upstream and downstream hydrocarbon integration as well as geological data management services.
5. EMARAT;
Emirates General Petroleum Corporation (EMARAT) is a market leader in the distribution of petroproducts and commercial fuel. It was founded in 1981 and has since become a supplier of oil and gas to public, private, and corporations.
The company serves millions of customers across the UAE by providing high-quality petroproducts with a modern station. It is not the only supplier of energy but also the operator of the largest storage in Jabel Ali Dubai, Ras Al Khaimah, Fujairah, and other emirates.
6. DUBAI PETROLEUM ESTABLISHMENT
The company founded in 1969, the year of the first commercial oil export from the offshore Fateh field in Dubai. As being the oldest company working in the hydrocarbon sector in the UAE Dubai’s petroleum establishment has been operating several oil and gas fields in the country.
From a professional standpoint, life in DPE is more valuable than working in other organizations in the UAE.
DPE management always encourages its employees to explore training and career development opportunities within the company, which is why so many individuals want to be a part of this fantastic organization.
7. AL MASAOOD OIL & GAS;
The company is celebrating its 50years of establishment in 2021. Masaood is also the first oil and gas company founded in Abu Dhabi, but it operates beyond the UAE and other continents such as the Middle East, North Africa, the Eastern Mediterranean, and South Asia in recent years.
Whether you’re an experienced professional or a talented junior, it always provides equitable work chances. To view the current job openings, please click on this link.
8. SHARJAH NATIONAL OIL CORPORATION
SNOC is one of Sharjah’s most trustworthy energy suppliers. Although the organization operates throughout the country, its headquarter is in Sharjah. The Sharjah government has held the majority of its shares.
The company’s operations have included exploration and production, as well as processing, exporting, and storing LPG gas.
9. DANA GAS;
It is another Sharjah base leading oil and gas company in the UAE. DANA founded in 2005 as one of the younger companies in the carbohydrate sector in the county.
Dana Gas PJSC has employed 1100 people in the MENA region with 17 different nationalities. The company’s diverse workforces have offered resources for the company’s success.
10. CRESCENT PETROLEUM COMPANY
founded in 1971 in Sharjah one of the nearest Emirates to Dubai. The company has been operating upstream and downstream operations in the UAE, as well as other four continents.
Crescent Petroleum is a subsidiary of the Crescent Group in the United Arab Emirates, and the CPC group oversees the company’s statistics, financial and operational risk, and supervises its staff and management.
Conclusion:
There are hundreds of national and international companies in the United Arab Emirates. The majority of international oil and gas companies have partnered with the local companies, therefore, you would not get the name of them in our list.
If you are looking for career possibilities in oil and gas companies in the UAE, the corporations listed above are the best.
