Our Mission
To drive global energy trade through strategic partnerships, logistics, and trading solutions, ensuring a reliable energy supply worldwide.
Our Vision
To be a key energy trading hub, connecting Europe, Asia, the Middle East, and Africa, while advancing sustainable energy solutions.
We provide energy trading, logistics, and financial solutions
About Company
Who We Are?
RAK Oil, formerly known as RAKNOC, is an energy trading and investment company, based in Ras Al Khaimeh UAE. It is a 50% state owned company by the Government of RAK, through RAK Chamber of Commerce and Industry but
Founded under the vision and leadership of HH Sheikh Saud of Ras Al Khaimah, RAK Oil was created to alleviate challenges in trading and logistics across energy routes connecting Europe, Africa, Asia, and the Middle East. RAK Oil is committed to delivering comprehensive trading, logistics, and financial solutions for its global energy partners. With the support of infrastructure provided by our sister company, RAK Port, we offer essential infrastructure services that streamline operations and support our partners’ needs in the energy trading sector.
Services
What We Do?
Energy Trading
We specialize in trading crude oil, refined products, LNG, and petrochemicals, ensuring efficient and secure global supply chains.
Logistics & Infrastructure
With RAK Port and global networks, we streamline energy transport and storage, optimizing efficiency for our partners.
Strategic Partnerships
Through key alliances with SOCAR, Concord Energy, and ADNOC, we expand market access and drive innovative energy solutions.
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