05/11/2025 01:22 AST

Brooge Petroleum and Gas Investment Company (BPGIC) has signed a strategic agreement with Honeywell to build the first refinery dedicated to producing high-quality gasoline in Fujairah, marking a key step in expanding the UAE's downstream industrial capabilities.

The agreement, signed during ADIPEC 2025 in the presence of the UAE Ministry of Energy and Infrastructure, grants BPGIC a licence from Honeywell to use its advanced refining technologies and includes the engineering design for the new facility.

The project will be developed in phases, beginning with an initial capacity of approximately 15,000 barrels per day, and will adhere to international environmental and operational standards. Once completed, it will be the first gasoline-focused refinery in Fujairah, further cementing the emirate's position as a strategic global energy hub.

Sharif Al Olama, Under-Secretary of the Ministry of Energy and Infrastructure, said the agreement represents a "significant step" in strengthening the UAE's refining and industrial base.

Big step
"This agreement represents a significant step in supporting the UAE's progress towards enhancing its industrial capabilities in the refining sector and ensuring security of supply in regional and global energy markets," he said.

"The new gasoline refinery in the emirate of Fujairah constitutes a qualitative addition to the national energy system, through the adoption of the latest technologies that guarantee the highest standards of efficiency and sustainability."

He added that the ministry remains committed to supporting national projects that advance UAE Vision 2031 and empower the private sector to drive sustainable economic diversification.

BPGIC said the Fujairah refinery will contribute to energy diversification, enhance local value creation, and provide training and employment opportunities for UAE nationals in refining, operations, and maintenance. The facility will also strengthen the country's export capabilities through Fujairah Port and other terminals across the UAE.

Currently in the final stages of its merger with Gulf Navigation Holding, BPGIC said the project underscores its role in expanding the UAE's petroleum industries and supporting the nation's goal of developing a resilient, sustainable energy sector.


Gulfnews

Ticker Price Volume
Oman, Spain sign four MoUs across various sectors

05/11/2025

The Sultanate of Oman and the Kingdom of Spain on Tuesday signed four memoranda of understanding (MoUs) in the fields of green methanol, liquefied natural gas (LNG), water and wastewater management,

ONA

KBR awarded detailed engineering contract for Qatar offshore project

05/11/2025

KBR announced on Tuesday that it has been awarded a contract for detailed engineering services for the Bul Hanine oil and gas field in Qatar. Under the terms of the contract, KBR will provide detaile

Trade Arabia

81% of Saudi enterprises already using industry-specific AI solutions, new SAP survey finds

05/11/2025

Saudi businesses are embracing artificial intelligence (AI) at scale, with 81% of enterprises in the Kingdom already deploying AI solutions tailored to their industries.

A new YouGov survey

Saudi Gazette

Saudi Arabia, Canada explore ways to enhance cooperation in technology, innovation

05/11/2025

Saudi Arabia's technology and innovation partnership with Canada is set to receive a boost after senior ministers met to explore new avenues of cooperation and strengthen trade ties.

Saudi

Arab News

Qatar sells $4bn in two-part debt issue

05/11/2025

Qatar, among the world's top exporters of liquefied natural gas, tapped global debt markets for $4 billion in a two-tranche issue which attracted hefty order books and allowed the Gulf state to achie

Reuters