Our VISION & FUTURE PLANS
Targeting protection of the base and growth prospects, SNOC set in 2015 its 2016-2021 vision as “to be an integrated Oil & Gas National Oil Corporation (NOC), Value Creator, Gas Supplier of Choice and to utilize existing assets for new business while being ethically and socially responsible.”
Since that date, SNOC sustained a higher than projected production from its fields, expanded its exploration activities, entered into a joint venture with Eni and PTTEP to explore and develop three new blocks in Sharjah and made its first discovery and production in 2020, established a new LPG business within the UAE, implemented a strategic gas storage project for energy security and gas supply/demand management, concluded a strategic gas supply deal with ADNOC up to 2031 and established itself as the main supplier of gas in the Emirate of Sharjah.
In 2022, SNOC set its 10-year strategic Vision and Mission, as “to be the reliable energy provider and value creator for Sharjah with a focus to achieve Net-Zero on greenhouse gas emissions”, with the mission as “to safely and sustainably develop a diversified energy portfolio that creates value for Sharjah, our people, and our community”.
SNOC commits to values that ensure good ethics and behavior, develop and empower talent, create a rich and innovative culture with an emphasis to minimizing carbon and environmental footprint.
Exploration & Production
The Concession Agreement was signed between the Emirate of Sharjah and Amoco Oil Company…
Processing & Exporting
Hydrocarbons from the 3 fields flow into a wellhead compression package that boost pressures sufficient to transport...
Storage and Loading
One Condensate Terminal, constructed in 1981 in Hamriyah, Sharjah with two tanks each with capacity of 500,000 bbl...