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Annual Review 2017

enoc.com

25 years of
inspiring energy

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ENOC Annual Review 2017 (PDF)
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vice-chairman

Message from Vice Chairman

TRUE TO OUR ROOTS AND OUR BELIEFS, OUR STRATEGIC DIRECTION FOR THE NEXT FIVE YEARS HAS A CLEAR FOCUS ON SUPPORTING THE DUBAI PLAN 2021 AND THE UAE ENERGY PLAN 2050.
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ceo

Message from Group CEO

SUPPORTING VISION 2021, AND THE NATIONAL OBJECTIVE TO INSTITUTIONALISE ENERGY EFFICIENCY, HAS ALWAYS BEEN AN ENOC PRIORITY.
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Financial and operational highlights

Enhancing value Group-wide

Our 2017 results show a positive upward trend, and demonstrate the value of a broad-based strategy designed to deliver value at every touch point of our operation.

Sales volume
(million barrels)

2013
160
2014
193
2015
222
2016
247
2017
249

Revenue
(US$ in millions)

2013
18,604
2014
20,924
2015
14,690
2016
13,219
2017
16,415

FY17 Revenues
US$16,415 million

  • 1
  • 67
  • 15
  • 12
  • 5
  • STP 67%
  • Marketing 15%
  • Retail 12%
  • E&P 5%
  • Terminals 1%
83,952

83,952 barrels daily crude production

224

ZOOM stores

675,000 MT annual
MTBE capacity

120m

120 million customers
served in 2017

11,300

Over 11,300 employees

1,055m

1,055 million US gallons
of jet fuel sales volume

395m

Commercial diesel sales volume

120

Fuel stations

6.6m

6.6 million cubic metres storage capacity

140k

ENOC’s refinery has the capacity to process 140,000 barrels of refined fuel products daily

14

Tasjeel vehicle-testing outlets

main-review

Business
review

In 2017, we created enhanced value across the Group, with an increase in revenues, fuel and sales volumes, as well as customer satisfaction.

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main-review

Operational
review

ENOC’s core energy business comprises exploration and production, supply trading and processing, storage terminals, fuel retail, aviation and specialised products.

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main-review

Sustainability
review

ENOC’s journey has evolved to address the changing dynamics of global energy-related issues.

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