Ateeq Al Qemzi receives an award to mark his 50 years of service at Adco in a ceremony at the Emirates Palace this month. The pioneer oilman has a formidable reputation within the industry. Courtesy Adco
Ateeq Al Qemzi receives an award to mark his 50 years of service at Adco in a ceremony at the Emirates Palace this month. The pioneer oilman has a formidable reputation within the industry. Courtesy Adco
Ateeq Al Qemzi receives an award to mark his 50 years of service at Adco in a ceremony at the Emirates Palace this month. The pioneer oilman has a formidable reputation within the industry. Courtesy Adco
Ateeq Al Qemzi receives an award to mark his 50 years of service at Adco in a ceremony at the Emirates Palace this month. The pioneer oilman has a formidable reputation within the industry. Courtesy A

Abu Dhabi oilman with a deep well of knowledge


  • English
  • Arabic

Ateeq Al Qemzi was in his teens when he arrived for his first day of work at the Abu Dhabi Petroleum Company – a boy asked to tackle a man’s job.

It was November 1964. The oil industry was in its infancy, with the desert a dangerous and unforgiving place into which you ventured knowing there was a chance you might not come back in one piece.

There were no roads, no phones and no satellite navigation once you set out into the dunes of the Western Region, just the Land Rover or the Dodge Power Wagon.

Mr Al Qemzi has seen and lived it all. This month marks the 50th anniversary of his service to the oil industry and he was honoured in a ceremony by the Abu Dhabi Company for Onshore Oil Operations (Adco), as ADPC is now called.

“They worked diligently, like soldiers on a mission,” says Saqer Al Muhairbi, another oil industry veteran who has known Mr Al Qemzi from the beginning.

“The spirits were always high. They were real men. They ate out of cans and often their tea canisters would be filled with sand.”

Born in Abu Dhabi in 1944, Mr Al Qemzi grew up in a time of economic hardship that lasted until the discovery of oil in the late 1950s. When he reported to the ADPC training centre, the first oil had only been exported two years earlier.

The two training centres – the first in Tarif in 1960 and a second that opened seven years later in Abu Dhabi – were crucial to Emiratis playing their part in the fast-growing oil industry and the prosperity it would bring.

Many of the industry’s leaders were given their start there, with a five-year apprenticeship in administration or technical skills and a chance to study in the UK for higher qualifications.

On their first day, apprentices swapped their kanduras for smart company uniforms. Technical trainees such as Mr Al Qemzi could dress less formally but those in administration, jokingly referred to as the “soft side” of the business, were required to wear a tie.

A 1967 photograph of that first class of 23 Emiratis graduates survives. It shows Mr Al Qemzi seated in an open-neck shirt with his fellow apprentices and their western tutors.

In a career stretching into its sixth decade, he has managed two of Abu Dhabi’s main onshore oilfields, at Bu Hasa and Bab, and helped to oversee the development of the Zakoum offshore field and infrastructure at Jebel Dhanna and Fujairah.

In 2007, Mr Al Qemzi was given an Abu Dhabi Award, while his years of service in the industry also earned him an Emirates Appreciation Award.

Today he is senior vice president for the terminals, pipeline and oil and gas movement operations, the gateway for Abu Dhabi’s oil to the international markets.

Ahmed Al Hammadi, another senior vice president at Adco, describes Mr Al Qemzi as “the father of us all. He started from nothing. Never depended on any-one to teach him”.

The two men met in December 1985 at a field in the Western Region. Mr Al Qemzi already had a reputation, says Mr Al Hammadi.

“He was a tough man, very serious. Many were worried about working with him, but after they really got to know him well, they found him a reasonable and fair man.”

What Mr Hammadi remembers most is Mr Al Qemzi’s three rules for newcomers: to read as much as you can; not to be afraid to ask questions; and always to look at all the angles of a subject.

“It was important for him to see us asking the right questions that would help us get a proper understanding of what we see,” he says. “He would say, ‘Never be superficial in your questions. Go deeper, go many layers deeper’.

“‘When you see two pipes together, some might see it only as a pipe. However, you should ask yourself, what is this pipe? What does it transfer? Why is it placed here and not anywhere else? What else could it transfer?”

Mr Al Qemzi’s other rule was that everyone should spend as much time outdoors as possible.

“He hated anyone to stay in the office, especially those who are trainees,” says Mr Al Hammadi.

He recalls Mr Al Qemzi constantly observing his surroundings, checking tyre tracks and footprints in the sand and scanning the horizon with his binoculars.

“He knew what everyone was up to and whether they were doing their job or not. It is impossible for anyone who knew Al Qemzi not to have learnt something from him.

“It is a man’s commitment to work and to his country rather than a commitment to himself that makes him a leader.”

David Heard arrived from the UK in 1963 to work as an engineer in the onshore oilfields. It was a small world and he soon came to know Mr Al Qemzi, who he describes as “extremely knowledgeable”.

“I remember seeing Ateeq for the first time near well 51,” Mr Heard recalls. “It was south from Bu Hasa, one of the early wells discovered.

“The purpose of our visit was to test its flow, measure the pressure from the top and from the bottom, and to see how many barrels a day it would produce. It was a deep well, around 8,000 feet.”

He is full of praise for Mr Al Qemzi, “a legend” of the oil industry.

“He has seen most of it, he spent a lot of time in the field,” Mr Heard says. “He is quite a remarkable man. Anyone who knows his name respects him.”

He says Mr Al Qemzi is also a man who remembers his roots.

“Although he sits behind his desk in the headquarters of Adco, I know Ateeq is happiest in the desert. He is a real man of the desert.”

balhashemi@thenational.ae

SPEC%20SHEET%3A%20APPLE%20M3%20MACBOOK%20AIR%20(13%22)
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RESULTS

2.15pm Maiden (PA) Dh40,000 (Dirt) 1,200m

Winner Shawall, Abdul Aziz Al Balushi (jockey), Majed Al Jahouri (trainer)

2.45pm Handicap (PA) Dh40,000 (D) 1,200m

Winner Anna Bella Aa, Fabrice Veron, Abdelkhir Adam

3.15pm Handicap (PA) Dh40,000 (D) 1,200m

Winner AF Thayer, Tadhg O’Shea, Ernst Oertel

3.45pm Handicap (PA) Dh40,000 (D) 1,700m

Winner Taajer, Fabrice Veron, Eric Lemartinel

4.15pm The Ruler of Sharjah Cup – Prestige (PA) Dh250,000 (D) 1,700m

Winner Jawaal, Jim Crowley, Majed Al Jahouri

4.45pm Handicap (TB) Dh40,000 (D) 2,000m

Winner Maqaadeer, Jim Crowley, Doug Watson

The%20Emperor%20and%20the%20Elephant
%3Cp%3E%3Cstrong%3EAuthor%3A%20%3C%2Fstrong%3ESam%20Ottewill-Soulsby%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EPublisher%3A%20%3C%2Fstrong%3EPrinceton%20University%20Press%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EPages%3A%20%3C%2Fstrong%3E392%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EAvailable%3A%20%3C%2Fstrong%3EJuly%2011%3C%2Fp%3E%0A

The flights: South African Airways flies from Dubai International Airport with a stop in Johannesburg, with prices starting from around Dh4,000 return. Emirates can get you there with a stop in Lusaka from around Dh4,600 return.
The details: Visas are available for 247 Zambian kwacha or US$20 (Dh73) per person on arrival at Livingstone Airport. Single entry into Victoria Falls for international visitors costs 371 kwacha or $30 (Dh110). Microlight flights are available through Batoka Sky, with 15-minute flights costing 2,265 kwacha (Dh680).
Accommodation: The Royal Livingstone Victoria Falls Hotel by Anantara is an ideal place to stay, within walking distance of the falls and right on the Zambezi River. Rooms here start from 6,635 kwacha (Dh2,398) per night, including breakfast, taxes and Wi-Fi. Water arrivals cost from 587 kwacha (Dh212) per person.

Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.

Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.

Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.

Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.

“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.

Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.

From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.

Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.

BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.

Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.

Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.

“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.

Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.

“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.

“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”

The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”

Timeline

2012-2015

The company offers payments/bribes to win key contracts in the Middle East

May 2017

The UK SFO officially opens investigation into Petrofac’s use of agents, corruption, and potential bribery to secure contracts

September 2021

Petrofac pleads guilty to seven counts of failing to prevent bribery under the UK Bribery Act

October 2021

Court fines Petrofac £77 million for bribery. Former executive receives a two-year suspended sentence 

December 2024

Petrofac enters into comprehensive restructuring to strengthen the financial position of the group

May 2025

The High Court of England and Wales approves the company’s restructuring plan

July 2025

The Court of Appeal issues a judgment challenging parts of the restructuring plan

August 2025

Petrofac issues a business update to execute the restructuring and confirms it will appeal the Court of Appeal decision

October 2025

Petrofac loses a major TenneT offshore wind contract worth €13 billion. Holding company files for administration in the UK. Petrofac delisted from the London Stock Exchange

November 2025

180 Petrofac employees laid off in the UAE

The specs: 2019 Audi A7 Sportback

Price, base: Dh315,000

Engine: 3.0-litre V6

Transmission: Seven-speed automatic

Power: 335hp @ 5,000rpm

Torque: 500Nm @ 1,370rpm

Fuel economy 5.9L / 100km

The specs
 
Engine: 3.0-litre six-cylinder turbo
Power: 398hp from 5,250rpm
Torque: 580Nm at 1,900-4,800rpm
Transmission: Eight-speed auto
Fuel economy, combined: 6.5L/100km
On sale: December
Price: From Dh330,000 (estimate)
The biog

Favourite Emirati dish: Fish machboos

Favourite spice: Cumin

Family: mother, three sisters, three brothers and a two-year-old daughter

Milestones on the road to union

1970

October 26: Bahrain withdraws from a proposal to create a federation of nine with the seven Trucial States and Qatar. 

December: Ahmed Al Suwaidi visits New York to discuss potential UN membership.

1971

March 1:  Alex Douglas Hume, Conservative foreign secretary confirms that Britain will leave the Gulf and “strongly supports” the creation of a Union of Arab Emirates.

July 12: Historic meeting at which Sheikh Zayed and Sheikh Rashid make a binding agreement to create what will become the UAE.

July 18: It is announced that the UAE will be formed from six emirates, with a proposed constitution signed. RAK is not yet part of the agreement.

August 6:  The fifth anniversary of Sheikh Zayed becoming Ruler of Abu Dhabi, with official celebrations deferred until later in the year.

August 15: Bahrain becomes independent.

September 3: Qatar becomes independent.

November 23-25: Meeting with Sheikh Zayed and Sheikh Rashid and senior British officials to fix December 2 as date of creation of the UAE.

November 29:  At 5.30pm Iranian forces seize the Greater and Lesser Tunbs by force.

November 30: Despite  a power sharing agreement, Tehran takes full control of Abu Musa. 

November 31: UK officials visit all six participating Emirates to formally end the Trucial States treaties

December 2: 11am, Dubai. New Supreme Council formally elects Sheikh Zayed as President. Treaty of Friendship signed with the UK. 11.30am. Flag raising ceremony at Union House and Al Manhal Palace in Abu Dhabi witnessed by Sheikh Khalifa, then Crown Prince of Abu Dhabi.

December 6: Arab League formally admits the UAE. The first British Ambassador presents his credentials to Sheikh Zayed.

December 9: UAE joins the United Nations.

Ordinary Virtues: Moral Order in a Divided World by Michael Ignatieff
Harvard University Press

 

 

 

COMPANY%20PROFILE
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Avatar: Fire and Ash

Director: James Cameron

Starring: Sam Worthington, Sigourney Weaver, Zoe Saldana

Rating: 4.5/5

The specs

Engine: 3.8-litre V6

Power: 295hp at 6,000rpm

Torque: 355Nm at 5,200rpm

Transmission: 8-speed auto

Fuel consumption: 10.7L/100km

Price: Dh179,999-plus

On sale: now