Sharjah National Oil Corporation (SNOC)

Sharjah National Oil Corporation (SNOC) is the oil & gas industry executive arm of the Petroleum Council of Sharjah. Established in October 2010, SNOC owns, manages, and operates the oil and gas assets, originally under the 1978 Sharjah concession with AMOCO and later with BP. SNOC, the main gas provider to Sharjah, has four gas & condensate fields, a large Gas processing complex at Sajaa that connected and delivered gas to the Northern Emirates since 1983, as well as two export terminals located at Hamriyah. Equipped with its decades of heritage and experience in the oil and gas business, gained from the previous holders of Sharjah Concessions, SNOC is pursuing active development plans to fulfill its objectives to explore, develop, produce, procure, store, market, and transport hydrocarbons. In its drive to explore and develop oil and gas fields in the emirate, SNOC has recently signed three concession agreements with Eni and PTTEP, making a gas discovery in 2020. SNOC has also initiated a new strategic gas underground storage project, as one of other several initiatives, including plans for renewables, net-zero 2032 commitment, and CCS research.