As we mentioned earlier, all oil and gas companies need to get approval from the Supreme Petroleum Council. This can be done through the Abu Dhabi Department of Economic Development (ADDED). Youโll need the work IDs of the local sponsor or service agent to apply for this approval.
Depending on your business activity, your company may require special approvals.
These companies have to get a trade license with an additional activity: Onshore and Offshore Oil and Gas Field and Facilities Services:
- Construction
- Drilling
- Employee catering
- Equipment trading
- Allied oil and gas related activities
If you need to access the oil field, youโll need another approval from the Critical Infrastructure and Coastal Protection Authority (CICPA).
This may seem like a difficult process, but itโs actually pretty simple with MSZ Consultancy on your side. We have helped numerous Middle East oil companies setup their businesses, and we can help you too. Our team of experts will make sure you meet all the requirements that are needed to successfully form your company without any issues.