SNOC and Equinor to assess downstream gas and storage cooperation
The companies will examine infrastructure, logistics and trading opportunities for LPG, natural gas liquids and other oil products.
Event / data period: 2026-10-20
Published: · Updated:
Sharjah National Oil Corporation (SNOC) and Norway-based Equinor signed a memorandum of understanding on 20 October to explore downstream energy opportunities. WAM reported that the scope includes storage, infrastructure, logistics, trading, supply and shipping for liquefied petroleum gas (LPG), natural gas liquids (NGLs) and other oil and gas products.
The companies will also assess selected energy-transition opportunities and ways to optimise petrochemical storage facilities in the UAE. The memorandum does not announce an investment decision or added capacity; it sets a framework for assessing possible cooperation.
Data
Memorandum of understanding
Cooperation areas the companies said they will assess under the signed memorandum.
- · Occurred
Memorandum signed
SNOC and Equinor signed a memorandum to assess possible cooperation in the downstream energy sector.
Methodology
The event records the signing date and scope reported by WAM; it does not infer an outcome or investment.
Updated:
Subjects and places
Subject proposals
- Natural gasSuggested
- Subject suggested from the title or summary: natural gaswww.wam.ae ↗
- LogisticsSuggested
- Subject suggested from the title or summary: logisticswww.wam.ae ↗
Geographic references
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- United Arab Emirates · Place role: Coverage · Place type: Country or area · Location precision: RegionalEvidence
- Explicit preserved editorial country/region; no city or national centroid inferredwww.wam.ae ↗