PROJECTS
To meet the growing worldwide demand for energy while preparing for the future.
Monad Oil FZC works on some of the biggest projects in the Middle East, providing some of the leading oil and gas jobs in the region.
The Rumaila field is based in southern Iraq and is considered to be the fourth largest oilfield in the world.
The Jazan Refinery, based in southwest Saudi Arabia, will have an anticipated capacity of up to 400,000 barrels per day and produce 80,000 bpd of gasoline.
On the island of Sitra is a refinery, known simply as Bahrain refinery, which produces around 2670,000 barrels per day of crude.
On the island of Sitra is a refinery, known simply as Bahrain refinery, which produces around 2670,000 barrels per day of crude.
The mix of energy that provides heat, light and mobility for billions of people is shifting towards lower-carbon sources, driven by advances in technology and growing concerns about climate change. We’re determined to play our part in this transition – helping to meet the world’s need for more energy while also reducing carbon emissions.
Post War
In 1964 Monad Oil FZC opens its first service station. Within the next 10 years it rises to 3.8 million barrels per day - up from 740,000 in 1954 and 1.5 million in 1960. Two-thirds of refining is carried out in the USA and in mainland Europe.
Late century
Long lines at service stations, unheard-of fuel prices, power outages. Virtually everyone alive in the 1970s had some role to play, willing or not, in an unfortunate chapter in the story of global energy. During these years we faced repeated attempts to nationalize Monad Oil FZC.
The new millennium
With the new millennium came a new focus for the company - within the first five years it had changed its name to Monad Oil, set its sights on newer assets and established an alternative and low-carbon energy business. Monad Oil FZC began implementation of a revised integrity management standard that would apply to every significant asset.
Heritage brands
The rich history of our heritage brands stretches far and wide. Monad Oil FZC starts a franchise and opens offices all around the world. At the moment we are the biggest producer of gas and oil in the UAE with the huge exports to the UK and Western Europe.