- CEO
- Saif Alhazaimeh
- Full Time Employees
- 23
- Sector
- Energy
- Industry
- Oil & Gas Midstream
- Address
- Opus Tower A, 1002 Dubai United States of America
- IPO Date
- Jul 13, 2018
- Business
- Brooge Energy Limited, a Cayman Islands-incorporated company listed on Nasdaq, operates as a midstream oil storage and services provider through its wholly-owned subsidiary Brooge Petroleum and Gas Investment Company FZE (BPGIC), which maintains facilities at the Port of Fujairah in the United Arab Emirates outside the Strait of Hormuz; the company leases approximately 1 million cubic meters of storage capacity for clean petroleum products, biofuels, crude oil, and fuel oil to oil traders, refiners, producers, and national oil companies; it also offers ancillary services including blending, heating, additive injection, throughput, inter-tank transfers, pipeline connectivity to jetties, and laboratory testing. Founded in 2013 with headquarters in Dubai, United Arab Emirates, Brooge Energy focuses on the global oil and gas supply chain, differentiating through fast order processing, high-accuracy blending with low product losses, and strategic positioning in the world's second-largest bunkering hub. In a major strategic development, Brooge Energy closed the sale of BPGIC and related assets including Brooge Petroleum and Gas Investment Company Phase III FZE and BPGIC Phase 3 Limited to Gulf Navigation Holding PJSC on November 25, 2025, following shareholder approval at an extraordinary general meeting on September 30, 2025 and a conditional sale agreement announced May 27, 2025; the transaction, valued at AED 3.2 billion and structured with cash, new shares, and mandatory convertible bonds, generates operational synergies, diversifies revenue streams, and enables a special dividend declaration to shareholders while shifting Brooge Energy from direct operations to a post-sale investment posture.