Dubai Petroleum
State-run oil and gas company in the United Arab Emirates
From Wikipedia, the free encyclopedia
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]
| Type | State-owned enterprise |
|---|---|
| Industry | Oil and gas |
| Founded | 1960s |
| Headquarters | Dubai, United Arab Emirates |
Key people | Ahmed bin Saeed Al Maktoum[1] |
| Products | Petroleum, natural gas |
| Owner | Government of Dubai |
| Website | www |
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
Partnerships
Recognition
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]