UAE—all hands on deck
The country is adopting a new energy identity which gives emirates, other than kingpin Abu Dhabi, greater and more diverse roles
Six emirates united under the UAE flag at a time when towns were slowly emerging from empty desert, caravans of camels decorated the horizon and agents of foreign energy firms examined dog-eared maps on the heated bonnets of their 4x4s. Since that day in December 1971, the energy paths of Abu Dhabi, Ajman, Dubai, Fujairah, Sharjah and Umm al-Quwain have differed hugely. Ras al-Khaimah joined the UAE a year later. For nearly half a century, Abu Dhabi, and Dubai to a lesser extent, took the lead in fossil-fuel production and consumption. But now the playing field is beginning to level out as other emirates leverage their natural resources. Three key triggers are spurring change. The first is t
Also in this section
15 November 2024
With Chevron and AIM-listed Challenger Energy having completed their Uruguayan farm-out deal, Challenger CEO Eytan Uliel updates Petroleum Economist on the firm's progress in the frontier basin
14 November 2024
The country is seeking to secure its position as a major global refiner and meet rising domestic requirements
13 November 2024
IOCs are focused on the next wave of exploration activity in Namibia and are keen to learn from one another’s results