The United Arab Emirates is accelerating its upstream oil and gas operations, aiming to boost national production capacity from 3 million barrels per day to 5 million by 2030.
This move aligns with the country’s long-term strategy to ensure energy security, support industrial development, and strengthen global export capacity. The UAE continues to invest in large-scale exploration and production projects while improving efficiency through digital transformation.
Industry analysts forecast an 8–8.4% compound annual growth rate (CAGR) for the UAE oil and gas sector over the next five years, driven by increased investment and demand stability. The country’s significant hydrocarbon reserves—among the top 10 globally—position it as a critical player in global energy markets.
Beyond production growth, the government emphasizes sustainable practices, encouraging carbon capture solutions and advanced emissions-reduction technologies. The balance between economic progress and environmental responsibility remains central to the sector’s evolution.
