EADING DUBAI’S PETROLEUM INDUSTRY
Dubai Petroleum Establishment started to be on April of 1963, when the then Ruler of Dubai, His Highness Sheik Rashid canister Saeed Al Maktoum had the foreknowledge and allowed Continental National Oil Company a concession covering the seaward territory of the Dubai Emirate to start investigating for oil.
These endeavors brought about the revelation of oil in Fateh field in 1966 which His Highness actually picked the name for, signifying “favorable luck” in Arabic. The disclosure of the South West Fateh Field happened after four years, and Falah and Rashid after that. Notwithstanding, Dubai Petroleum Establishment confronted an issue in putting away the oil created in the Fateh field in view of the shallow waters in the range. This brought about an imaginative thought of building and transporting vast skimming tanks seaward to where the oil is delivered and consequently taking care of the stockpiling issue. On the 22nd September 1969, the first tanker of oil was traded from Fateh Field, and therefore empowering Dubai to fund its improvements and enter another stage in its cutting edge history through various tremendous tasks new to the Gulf and the Middle East Region.
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