Sharjah National Oil Corporation plans to continue exploring gasfields in the emirate and is “hopeful” of discovering more reserves amid growing energy demand.
“We started our ambitious exploration programme in 2016 by launching a seismic survey and it was successful by first gas discovery jointly with Eni in 2020,” the company's chief executive Khamis Al Mazrouei told The National on the sidelines of the Energy Markets Forum in Fujairah on Wednesday.
State-owned Snoc partnered with Italian oil company Eni for the discovery of the Mahani gasfield in 2020. The new onshore well of natural gas and condensate was the emirate's first discovery in more than three decades.
In May last year, Snoc announced the discovery of Al Hedebah field near Al Sajaa industrial area, the emirate’s fifth onshore field, with promising quantities of gas reserves.
In the first half of this year, Snoc produced the first well, “and we continue our drilling and appraisal programme on [Al] Hedebah field”, Mr Al Mazrouei said in an interview.
“We continue our journey. We are hopeful [of more gas discovery],” he added. “This is why we have our ambitious exploration programme and it is supported by high gas demand in Sharjah and the Northern Emirates.”
The company did not reveal details on its current production of gas but said output has gone up by 20 per cent after production begin at Al Hedebah field this year.
“In recent years, we have seen the UAE GDP grow … and as the GDP has been increasing, the demand for fuel and gas, the engine for the economy, is also increasing,” Mr Al Mazrouei said.
The UAE economy continues to grow amid diversification efforts. In the first quarter of 2025, UAE’s real GDP rose 3.9 per cent year-on-year to Dh455 billion, according to preliminary estimates released by the Federal Competitiveness and Statistics Centre.
Non-oil GDP posted 5.3 per cent growth, reaching Dh352 billion, while oil-related activities accounted for 22.7 per cent of GDP.
Last month, the UAE Central Bank raised its 2025 growth forecast for the country’s economy from 4.4 per cent to 4.9 per cent.
Snoc is looking to expand its exploration activity across the UAE, as well as outside of the Emirates, said Mr Al Mazrouei.
“We have a mandate to explore locally and internationally. So, our first step to go outside Sharjah was with RAK Gas in their exploration efforts in Ras Al Khaimah,” he said. “Now, we are evaluating options other than RAK, inside the UAE and outside.”
He added that the company is also currently evaluating opportunities in Oman, Africa and in Asian countries.
“Exploration programmes are capital intensive. So our spend has increased and will continue to be on the [higher side],” Mr Al Mazrouei said, without disclosing how much the company plans to spend in the coming years.
The funding for the company's exploration is mainly done through partnerships with other companies, using Snoc's own equity, support from the government and loans from banks.
“We will continue to do the same. We will continue to have a partner, where we will share the technology and where we will share the funding,” Mr Al Mazrouei said.
EA Sports FC 26
Publisher: EA Sports
Consoles: PC, PlayStation 4/5, Xbox Series X/S
Rating: 3/5
Our legal columnist
Name: Yousef Al Bahar
Advocate at Al Bahar & Associate Advocates and Legal Consultants, established in 1994
Education: Mr Al Bahar was born in 1979 and graduated in 2008 from the Judicial Institute. He took after his father, who was one of the first Emirati lawyers
Company%20profile
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England v South Africa schedule
- First Test: Starts Thursday, Lord's, 2pm (UAE)
- Second Test: July 14-18, Trent Bridge, Nottingham, 2pm
- Third Test: The Oval, London, July 27-31, 2pm
- Fourth Test: Old Trafford, Manchester, August 4-8
Sinopharm vaccine explained
The Sinopharm vaccine was created using techniques that have been around for decades.
“This is an inactivated vaccine. Simply what it means is that the virus is taken, cultured and inactivated," said Dr Nawal Al Kaabi, chair of the UAE's National Covid-19 Clinical Management Committee.
"What is left is a skeleton of the virus so it looks like a virus, but it is not live."
This is then injected into the body.
"The body will recognise it and form antibodies but because it is inactive, we will need more than one dose. The body will not develop immunity with one dose," she said.
"You have to be exposed more than one time to what we call the antigen."
The vaccine should offer protection for at least months, but no one knows how long beyond that.
Dr Al Kaabi said early vaccine volunteers in China were given shots last spring and still have antibodies today.
“Since it is inactivated, it will not last forever," she said.
UAE jiu-jitsu squad
Men: Hamad Nawad and Khalid Al Balushi (56kg), Omar Al Fadhli and Saeed Al Mazroui (62kg), Taleb Al Kirbi and Humaid Al Kaabi (69kg), Mohammed Al Qubaisi and Saud Al Hammadi (70kg), Khalfan Belhol and Mohammad Haitham Radhi (85kg), Faisal Al Ketbi and Zayed Al Kaabi (94kg)
Women: Wadima Al Yafei and Mahra Al Hanaei (49kg), Bashayer Al Matrooshi and Hessa Al Shamsi (62kg)
Cricket World Cup League 2 Fixtures
Saturday March 5, UAE v Oman, ICC Academy (all matches start at 9.30am)
Sunday March 6, Oman v Namibia, ICC Academy
Tuesday March 8, UAE v Namibia, ICC Academy
Wednesday March 9, UAE v Oman, ICC Academy
Friday March 11, Oman v Namibia, Sharjah Cricket Stadium
Saturday March 12, UAE v Namibia, Sharjah Cricket Stadium
UAE squad
Ahmed Raza (captain), Chirag Suri, Muhammad Waseem, CP Rizwan, Vriitya Aravind, Asif Khan, Basil Hameed, Rohan Mustafa, Kashif Daud, Zahoor Khan, Junaid Siddique, Karthik Meiyappan, Akif Raja, Rahul Bhatia
From Zero
Artist: Linkin Park
Label: Warner Records
Number of tracks: 11
Rating: 4/5
The Cockroach
(Vintage)
Ian McEwan
PSA DUBAI WORLD SERIES FINALS LINE-UP
Men’s:
Mohamed El Shorbagy (EGY)
Ali Farag (EGY)
Simon Rosner (GER)
Tarek Momen (EGY)
Miguel Angel Rodriguez (COL)
Gregory Gaultier (FRA)
Karim Abdel Gawad (EGY)
Nick Matthew (ENG)
Women's:
Nour El Sherbini (EGY)
Raneem El Welily (EGY)
Nour El Tayeb (EGY)
Laura Massaro (ENG)
Joelle King (NZE)
Camille Serme (FRA)
Nouran Gohar (EGY)
Sarah-Jane Perry (ENG)
Lexus LX700h specs
Engine: 3.4-litre twin-turbo V6 plus supplementary electric motor
Power: 464hp at 5,200rpm
Torque: 790Nm from 2,000-3,600rpm
Transmission: 10-speed auto
Fuel consumption: 11.7L/100km
On sale: Now
Price: From Dh590,000
MEDIEVIL%20(1998)
%3Cp%3E%3Cstrong%3EDeveloper%3A%3C%2Fstrong%3E%20SCE%20Studio%20Cambridge%3Cbr%3E%3Cstrong%3EPublisher%3A%3C%2Fstrong%3E%20Sony%20Computer%20Entertainment%3Cbr%3E%3Cstrong%3EConsole%3A%3C%2Fstrong%3E%20PlayStation%2C%20PlayStation%204%20and%205%3Cbr%3E%3Cstrong%3ERating%3A%3C%2Fstrong%3E%203.5%2F5%3C%2Fp%3E%0A
If you go
The flights
Etihad flies direct from Abu Dhabi to San Francisco from Dh5,760 return including taxes.
The car
Etihad Guest members get a 10 per cent worldwide discount when booking with Hertz, as well as earning miles on their rentals. A week's car hire costs from Dh1,500 including taxes.
The hotels
Along the route, Motel 6 (www.motel6.com) offers good value and comfort, with rooms from $55 (Dh202) per night including taxes. In Portland, the Jupiter Hotel (https://jupiterhotel.com/) has rooms from $165 (Dh606) per night including taxes. The Society Hotel https://thesocietyhotel.com/ has rooms from $130 (Dh478) per night including taxes.
More info
To keep up with constant developments in Portland, visit www.travelportland.com. Good guidebooks include the Lonely Planet guides to Northern California and Washington, Oregon & the Pacific Northwest.
Abu Dhabi GP schedule
Friday: First practice - 1pm; Second practice - 5pm
Saturday: Final practice - 2pm; Qualifying - 5pm
Sunday: Etihad Airways Abu Dhabi Grand Prix (55 laps) - 5.10pm
The Gandhi Murder
- 71 - Years since the death of MK Gandhi, also christened India's Father of the Nation
- 34 - Nationalities featured in the film The Gandhi Murder
- 7 - million dollars, the film's budget
SPEC%20SHEET%3A%20APPLE%20M3%20MACBOOK%20AIR%20(13%22)
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Mobile phone packages comparison
Call of Duty: Black Ops 6
Developer: Treyarch, Raven Software
Publisher: Activision
Console: PlayStation 4 & 5, Windows, Xbox One & Series X/S
Rating: 3.5/5