Dubai Petroleum

Dubai Petroleum
Company typeState-owned enterprise
IndustryOil and gas
Founded1960s
Key people
Ahmed bin Saeed Al Maktoum[1]
ProductsPetroleum, natural gas
OwnerGovernment of Dubai
Websitewww.dubaipetroleum.ae

Dubai Petroleum is a government-owned oil and gas exploration and production company operating in the United Arab Emirates, under the jurisdiction of the Government of Dubai. It manages five major offshore oilfields and is a key contributor to Dubai's economy and energy strategy.[2]

History

Dubai entered the oil sector in 1963 when a concession was granted to Continental Oil Company (Conoco). The discovery of the Fateh Field in 1966 marked a turning point, with first oil exports in 1969.[3] Additional fields—South-West Fateh (1970), Falah (1972), Rashid (1973)—came online in the 1970s. The onshore Margham field began production in 1984.[4]

In 2006, the Dubai Petroleum Establishment (DPE) was created via royal decree to manage all petroleum assets, assuming full control from ConocoPhillips by 2007.[5] The Jalilah field was discovered in 2010 and began production in 2011.[6]

Operations

Dubai Petroleum operates five offshore fields: Fateh, South-West Fateh, Rashid, Falah, and Jalilah. These platforms produce both oil and associated gas from the Persian Gulf.[7]

The company also leads Enhanced Oil Recovery (EOR) initiatives, including hydrocarbon miscible gas injection, low salinity waterflooding, and HPHT gas exploration.[8]

Environmental and safety standards

Dubai Petroleum maintains ISO 14001, ISO/IEC 27001, ISO 22301, and OHSAS 18001 certifications.[9] It is a shareholder in Oil Spill Response Ltd (OSRL) and conducts regular emergency drills.[10]

Partnerships

Dubai Petroleum partners with Baker Hughes, TechnipFMC, Petrasco, and Paradigm for technology and offshore operations.[11][12]

In 2018, DPE integrated operationally with the Dubai Supply Authority (DUSUP), streamlining natural gas logistics.[13]

Recognition

Dubai Petroleum won the Emirates Energy Award in 2013 for energy efficiency initiatives.[14] It also received safety commendations from Civil Defence and Dubai Police.[15]

Criticism and challenges

Dubai Petroleum has not been the subject of major controversies but operates within a sector facing increasing scrutiny. A 2006 helicopter accident on one of its rigs raised concerns about offshore safety risks.[16]

The UAE’s broader energy sector has been criticized by NGOs like Human Rights Watch and Global Witness over fossil fuel emissions, especially during the COP28 climate summit.[17][18]

See also

References

  1. ^ "Chairman's Message". Dubai Petroleum. 6 November 2017. Retrieved 6 May 2025.
  2. ^ "A Detailed Review of Oil and Gas Industry in Dubai". PetroPartners UK. 20 August 2024. Retrieved 6 May 2025.
  3. ^ "Oil in Dubai: History & timeline". Gulf News. 4 February 2010.
  4. ^ "Our History". Dubai Supply Authority. Retrieved 6 May 2025.
  5. ^ "Our Journey". Dubai Petroleum. 6 November 2017. Retrieved 6 May 2025.
  6. ^ "Oil and Gas Assets". Dubai Petroleum. 6 November 2017. Retrieved 6 May 2025.
  7. ^ "Oil and Gas Assets". Dubai Petroleum. 6 November 2017. Retrieved 6 May 2025.
  8. ^ "EOR - Enhanced Oil Recovery". Dubai Petroleum. 4 January 2018. Retrieved 6 May 2025.
  9. ^ "Responsible Operations". Dubai Petroleum. 6 November 2017. Retrieved 6 May 2025.
  10. ^ "Emergency Response". Dubai Petroleum. 6 November 2017. Retrieved 6 May 2025.
  11. ^ "Baker Hughes awarded drilling contract". Stock Titan. 26 March 2025. Retrieved 6 May 2025.
  12. ^ "Dubai Petroleum awards global logistics contract". AGCC. Retrieved 6 May 2025.
  13. ^ "Our Organisation". DUSUP. Retrieved 6 May 2025.
  14. ^ "Emirates Energy Award". Dubai Petroleum. 30 January 2018. Retrieved 6 May 2025.
  15. ^ "Awards Ceremony". Dubai Petroleum. 27 January 2020. Retrieved 6 May 2025.
  16. ^ "Dubai oil rig remains shuttered". The Economic Times. Retrieved 6 May 2025.
  17. ^ Rall, Katharina (4 December 2023). "You Can Smell Petrol in the Air". Human Rights Watch. HRW. Retrieved 6 May 2025.
  18. ^ "UAE $100 Billion Oil Deals During COP28". Global Witness. Retrieved 6 May 2025.
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