Brooge — Company Overview, News & Financial Data
Brooge Holdings specializes in oil storage and services in the UAE, focusing on energy infrastructure and sustainability.
Brooge
Company profile
About Brooge
Brooge Holdings (NASDAQ:BROG) specializes in oil storage and services, focusing on the strategic development of energy infrastructure, including storage facilities, refining, and petrochemical projects primarily in the United Arab Emirates. The company aims to significantly expand its storage capacities and enhance its service offerings to meet the growing global demand for oil and related products. With a strong emphasis on environmental sustainability and the latest technology, Brooge Holdings is dedicated to optimizing energy storage solutions and contributing to the global energy sector's efficiency and reliability. By continuously seeking innovation and strategic partnerships, the company strives to achieve operational excellence and sustainable growth.
Snapshot
2019Year founded
23Employees
Fujairah, United Arab EmiratesHead office
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Global footprint
Operations
All Locations
Fujairah, AE
Products and/or services of Brooge
- Oil Storage: This is Brooge Energy's primary service. They provide storage facilities for crude oil, fuel oil, and other oil products.
- Safe and Efficient Storage: Brooge Energy prioritizes the safety and efficiency of their storage operations, employing advanced technologies and protocols to minimize risks and ensure smooth oil storage processes.
- Strategic Location: Their facilities are situated near Fujairah in the UAE, offering an alternative route for oil movement outside the Strait of Hormuz and positioning them well to benefit from the growing demand for oil storage in the Middle East.
- Potential Pipeline Connectivity: While Brooge Energy might not directly operate pipelines themselves, their storage facilities likely benefit from connections to existing pipeline networks in the region, facilitating the transport of oil and gas products to and from their storage tanks.
- Technical and Maintenance Services: Brooge Energy likely offers technical and maintenance services to ensure the proper functioning of their storage infrastructure. This could include inspections, equipment maintenance, and emergency response capabilities.
- Potential Future Services: There have been discussions about Brooge Energy potentially expanding into areas like clean petroleum products and even renewable energy infrastructure in the future. However, these are not currently core products or services.
Brooge executive team
- Ms. Ines BezazniaInterim CEO & CFO
- Mr. Saif AlhazaimehDirector of CEO Office
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