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The first geological surveys and oil concessions were initiated in 1935, laying the groundwork for future discoveries. Green-lit by Sheikh Shakhbut Bin Sultan, Ruler of Abu Dhabi.
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Abu Dhabi’s first oil well was found on 16 February 1950 in Abu Dhabi territory at Ras Sadr which turned out to be dry.
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Oil was first discovered at the Umm Shaif offshore field in Abu Dhabi, marking the start of a new era.
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Abu Dhabi exported it's first ever oil shipment of crude oil from the Umm Shaif field, marking the start of the UAE's entrance into the global market.
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The UAE has grown drastically, from surviving off of tradition, to becoming a global oil manufacturing-powerhouse, and with no doubt does it hold one of the strongest economic forces in the world.