Oil & Gas
Wade Adams Middle East has been active in the oil and gas sector since 1999, when it established the wholly owned company Union Energy. In a joint venture with another Sharjah-based group, Union Energy formed the National Oil Storage Company (Nosco), which owns an oil and bitumen terminal within Sharjah’s Hamriyah Free Zone.
Union Energy also trades in oil and bitumen products, primarily to meet Wade Adams’ on going requirements.
Wade Adams’ expertise also extends to natural gas. In 2011, it formed a strategic alliance with a leading North American group that specialises in the provision of services for the downstream natural gas sector.
Projects
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Construction of Five Marine Service Stations in Northern Emirates
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Oil Storage Terminal at Hamriyah Free Zone
The terminal originally comprised tanks for 22,000 metric tons of diesel, 10,000 metric tons of fuel oil and 5,000 metric tons of bitumen; complete with receiving, handling and distribution facilities.
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Construction of Five Marine Service Stations in Northern Emirates
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Oil Storage Terminal at Hamriyah Free Zone