On 5 January 1936, Petroleum Development (Trucial Coast) Ltd (PDTC), an associate company of the Iraq Petroleum Company, entered into a concession agreement with the ruler, Sheikh Shakhbut bin Sultan al Nahyan, to explore for oil.
O 5 de xaneiro de 1936, Petroleum Development (Trucial Coast) Ltd (PDTC), unha empresa asociada con Irak Petroleum Company, firmou un contrato de concesión co gobernante, Sheikh Shakhbut bin Sultan al Nahyan, para a busca de petróleo.