Home/About us

About Naftoon

For more than 90 years Naftoon has provided vital energy to power the global economy and meet the everyday needs of people around the world.

Our Company

A leading producer of energy and chemicals

Naftoon explores for, produces and refines crude oil into a range of petroleum and petrochemical products. We are also a leading producer of natural gas. Our integrated downstream operations and chemicals business produce and market refined and chemical products globally.

Headquartered in the heart of the energy belt, our reliable supply of energy supports global commerce and helps enhance the daily lives of billions of people.

91
Years of experience
251.2
Total hydrocarbon reserves
73,000+
Total workforce
5M+
Drilling volume, m
What we do

Across the energy value chain

01

Exploration

Identifying and assessing new hydrocarbon resources across our concessions and offshore blocks.

Read more →
02

Extraction

Operating one of the largest producing fleets in the region with industry-leading uptime.

Read more →
03

Refining

Converting crude into a wide range of petroleum products at our integrated facilities.

Read more →
04

Petrochemicals

Producing chemicals and polymers that underpin global manufacturing and consumer goods.

Read more →
05

Transportation

Moving energy reliably and safely by pipeline, marine and rail across continents.

Read more →
06

Trading & Sales

Connecting our products to customers worldwide through global trading desks.

Read more →

Our Governance, Leadership & History — explore the institutions that built Naftoon.

Meet the team
Our History

A legacy of nine decades

1933

Founding concession

The first oil concession is signed, marking the start of Naftoon's journey.

1948

First export

Crude shipments commence from our Gulf terminals.

1980

National ownership

Operations transition to full national ownership.

2005

Petrochemical expansion

Major investments in downstream and chemicals capacity.

2024

Energy transition

Pioneering carbon capture, hydrogen and circular-economy initiatives.