In 1937, decades before the UAE had been established, Dubai concluded its first oil concession deal with Petroleum Development Trucial Coast (PDTC), a British oil company. It was not until 1952 that the first drilling began, and not until 1966 that a commercially viable oil field was found.
Developed in 2010 and initiated in 2011, the Dubai Integrated Energy Strategy 2030 (DIES) aims to guide the emirate’s energy sector toward sustainability and enhanced efficiency. Responsible for executing the plan is the Dubai Supreme Council of Energy (DSCE), a governing body made up of key stakeholders.
How can the UAE help meet the growing demand for oil and gas from Asia’s emerging markets?
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