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The United Arab Emirates (UAE) is a significant player in the global oil and gas market, holding substantial reserves and boasting a well-developed infrastructure. The country's oil and gas industry contributes significantly to its economy, generating revenue and employment opportunities.
The UAE government is a major buyer of oil and gas products and services. In 2021, the government spent an estimated $15 billion on oil and gas procurement. The main oil and gas products and services procured by the UAE government include crude oil, natural gas, refined petroleum products, and oilfield services.
Main Oil and Gas Products and Services Procured by United Arab Emirates Government
Crude oil: The UAE is the seventh-largest producer of crude oil in the world. The government procures crude oil for its own use and for export.
Natural gas: The UAE is the third-largest producer of natural gas in the Middle East. The government procures natural gas for its own use and for export.
Refined petroleum products: The UAE is a major refiner of petroleum products. The government procures refined petroleum products for its own use and for export.
Oilfield services: The UAE is a major oil producer. The government procures oilfield services for the exploration, development, and production of oil and gas.
Top Authorities for United Arab Emirates Oil and Gas Procurement
Abu Dhabi National Oil Company (ADNOC): ADNOC is the largest oil and gas company in the UAE. It is responsible for the procurement of oil and gas products and services for the Abu Dhabi government.
Dubai Supply Authority (DSA): The DSA is the government agency responsible for the procurement of goods and services for the Dubai government. This includes the procurement of oil and gas products and services.
Emirates National Oil Company (ENOC): ENOC is a major oil and gas company in the UAE. It is responsible for the procurement of oil and gas products and services for its own use and for sale to customers.
Top Winners of United Arab Emirates Oil and Gas Procurement
ADNOC: ADNOC is the largest winner of oil and gas procurement contracts in the UAE.
ENOC: ENOC is the second-largest winner of oil and gas procurement contracts in the UAE.
Baker Hughes: Baker Hughes is a major oilfield services company. It is a leading winner of oilfield services contracts in the UAE.
Schlumberger: Schlumberger is a major oilfield services company. It is a leading winner of oilfield services contracts in the UAE.
Halliburton: Halliburton is a major oilfield services company. It is a leading winner of oilfield services contracts in the UAE.
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