Emirates National Oil Company
Government-owned energy corporation based in Dubai, UAE
From Wikipedia, the free encyclopedia
ENOC (the Emirates National Oil Company) is a global diversified state-owned energy group that operates in the oil, gas, and coal industry.[3][4]
- Saeed Mohammed Ahmad Al Tayer
(Chairman) - Abdulrahman Saleh Al Saleh
(Vice Chairman)
| |
| Type | Government-owned corporation |
|---|---|
| Founded | 1993[1] |
| Headquarters | , |
Key people |
|
| Owner | Investment Corporation of Dubai |
Number of employees | 9,000+[1] |
| Website | www |
History
Established in 1993, ENOC is a wholly-owned company of the Government of Dubai, through the Investment Corporation of Dubai.[1] In 1999, ENOC opened its first oil refinery, which produced 120,000 barrels per day (19,000 m3/d) and cost about DH 1.5 billion.[5]
In 2019, ENOC presented two new digital ventures under its accelerator program Next, which was launched the same year: ENOC Link, an automotive refueling service and Beema, an online vehicle insurance service.[6][7]
Operations
ENOC is a multi-interest oil and gas group that has operations in Dubai and Northern Emirates in UAE, and has operations in Abu Dhabi, the largest of the Emirate. One of its subsidiaries, ENOC Processing Company LCC (EPCL), runs the Jebel Ali refinery in Dubai.[3]
The ENOC Group comprises many related subsidiaries, across two main categories - energy operations and general services - covering upstream, midstream, and downstream sectors.[8]
In June 2015, ENOC acquired the remaining 46% of Dragon Oil for £3.7 billion.[9]
Awards
See also
- Abu Dhabi National Oil Company (ADNOC)