New Emirates Oil Corporation, headquartered in the business hub of the world Dubai, is spearheaded by two eminent visionaries. The renowned UN ambassador of ICAFE Dr.Ahmed Tanveer is the chief executive officer and distinguished Mr.Mohammed K Kappil is the founder and vice chairman of the company. Their colossal expertise in the field of petroleum products and services served as the fuel to establish NEOC as a leading global commodity physical trading group in the UAE. We devise and implement our strategies with respect to innovation, resources, market, internationalisation and sustainability towards the goal of building a top-class multinational company in a quality-based direction. While focusing on core business, we will also seize the opportunities to accelerate the process of creating and sharing a bright future with all our stakeholders. We have developed a foolproof supply chain to efficiently import petroleum products and mobilize resources such as capital, state-of-the-art technologies in storage and transportation and trained professionals in a coordinated way to strengthen and perfect our operations. It was a complacent achievement and a golden feather in our hat when we partnered with the automobile giant Hyundai as an authorised dealer in the UAE for their subsidiaries Hyundai Oilbank and Hyundai xTeer.
Founder & Vice Chairman
Welcome to New Emirates Oil Corporation (NEOC). Since our establishment in 2006 under Dubai Economic Development, we have consistently demonstrated our commitment to excellence and global energy security. With an authorized capital of 400 million AED, we have strategically grown our operations to establish ourselves as a leading player in the petroleum trading industry, skillfully managing complex supply chains with precision.
We take pride in collaborating with some of the most reputable oil producers and refineries, providing bulk quantities to esteemed clients across Europe, Asia, and the Middle East, as well as local buyers in Fujairah and Hamriyah, UAE. As the Vice Chairman of NEOC Petroleum Trading LLC, I am honored to lead an organization that values integrity, safety, and innovation above all.
Our ongoing investments in advanced infrastructure and strategic partnerships—especially with major oil companies and trading producers—enable us to deliver exceptional value to our stakeholders. Together, we are not just engaged in energy trading; we are shaping the future with responsibility and dedication.
We remain committed to earning your trust every day.
At New Emirates Oil Corporation, we provide top-quality oil products and services across the UAE and globally. We prioritize safety, integrity, and innovation, aiming to contribute positively to industry growth while fostering trust and long-term partnerships.
Our vision is to lead the oil industry in the UAE and beyond by delivering excellence and innovation. We aim for sustainable growth through customer-centric solutions, strategic partnerships, and responsible practices, maximizing value for all stakeholders.