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COMPLIANCE & ETHICS
This website is operated by Gulf Horizon Oilfield Services – FZCO (“Gulf Horizon”, “we”, “us”, or “our”).
At Gulf Horizon Oilfield Services, compliance is embedded across all business activities, including oilfield equipment trading, specialty chemicals supply, and upstream advisory services.
We operate in accordance with UAE regulations, international standards, and industry-specific requirements applicable to cross-border oil & gas operations.
We operate in accordance with UAE regulations, international standards, and industry-specific requirements applicable to cross-border oil & gas operations.
1. UAE Regulatory Framework
Gulf Horizon Oilfield Services is a UAE-registered entity operating under a free zone structure (IFZA).
We comply with:
- UAE Federal Decree Law No. 20 of 2018 (Anti-Money Laundering)- Cabinet Decision No. 10 of 2019- Applicable UAE commercial and free zone regulations- International trade and supply chain compliance standards
Our compliance approach reflects the nature of international trading and advisory activities conducted from the UAE.
We comply with:
- UAE Federal Decree Law No. 20 of 2018 (Anti-Money Laundering)- Cabinet Decision No. 10 of 2019- Applicable UAE commercial and free zone regulations- International trade and supply chain compliance standards
Our compliance approach reflects the nature of international trading and advisory activities conducted from the UAE.
2. Business Model Risk Segmentation
Our compliance controls are tailored to the nature of each business line:
Equipment Trading:- Supplier qualification and verification- End-user and end-use validation- Export control and logistics compliance
Oilfield Chemicals Supply:- Product classification and regulatory screening- Confirmation that supplied products are non-restricted and non-precursor chemicals- Compliance with transport, handling, and export requirements
Upstream Advisory & Consultancy:- No physical goods involved- No exposure to controlled materials- Engagement limited to technical and commercial advisory services
3. Sanctions Compliance
We comply with international sanctions regimes, including:
- United Nations (UN)- European Union (EU)- U.S. Office of Foreign Assets Control (OFAC)
All counterparties are screened prior to engagement, including:
- Clients- Suppliers- Intermediaries- Logistics providers
We do not engage in transactions involving sanctioned entities, restricted jurisdictions, or prohibited end-uses.
- United Nations (UN)- European Union (EU)- U.S. Office of Foreign Assets Control (OFAC)
All counterparties are screened prior to engagement, including:
- Clients- Suppliers- Intermediaries- Logistics providers
We do not engage in transactions involving sanctioned entities, restricted jurisdictions, or prohibited end-uses.
4. Counterparty Due Diligence (KYC / KYB)
We apply a risk-based due diligence process:
- Verification of legal existence and ownership- Screening against sanctions, PEP, and adverse media databases- Assessment of business rationale and transaction structure
Enhanced due diligence is applied for:
- High-risk jurisdictions- Complex supply chains- New or unverified counterparties
- Verification of legal existence and ownership- Screening against sanctions, PEP, and adverse media databases- Assessment of business rationale and transaction structure
Enhanced due diligence is applied for:
- High-risk jurisdictions- Complex supply chains- New or unverified counterparties
5. Anti-Money Laundering (AML)
We maintain internal controls to prevent misuse of our trading platform for financial crime:
- Transaction-level review prior to execution- Documentation and audit trail retention- Identification and escalation of unusual or high-risk transactions
We reserve the right to reject transactions that do not meet compliance standards.
- Transaction-level review prior to execution- Documentation and audit trail retention- Identification and escalation of unusual or high-risk transactions
We reserve the right to reject transactions that do not meet compliance standards.
6. Anti-Bribery & Corruption
We maintain a zero-tolerance policy aligned with:
- UK Bribery Act- U.S. Foreign Corrupt Practices Act (FCPA)- UAE applicable laws
This includes:
- No facilitation payments- Controlled interaction with third parties- Review of agents and intermediaries
- UK Bribery Act- U.S. Foreign Corrupt Practices Act (FCPA)- UAE applicable laws
This includes:
- No facilitation payments- Controlled interaction with third parties- Review of agents and intermediaries
7. Export Control & Trade Compliance
Given our involvement in cross-border supply of oilfield materials:
- All goods are assessed for export control classification- We do not trade in restricted or controlled items without proper authorisation- End-use and end-user verification is conducted where applicable
We do not support diversion, re-export violations, or misrepresentation of goods.
- All goods are assessed for export control classification- We do not trade in restricted or controlled items without proper authorisation- End-use and end-user verification is conducted where applicable
We do not support diversion, re-export violations, or misrepresentation of goods.
8. Supply Chain & Product Integrity
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We ensure:
- Sourcing from reputable manufacturers- Alignment with industry specifications- Quality and documentation verification
This is particularly critical for:
- Drilling materials- Specialty chemicals- Production-related equipment
- Sourcing from reputable manufacturers- Alignment with industry specifications- Quality and documentation verification
This is particularly critical for:
- Drilling materials- Specialty chemicals- Production-related equipment
9. Internal Controls & Transaction Governance
Our internal processes include:
- Pre-engagement counterparty screening- Transaction-level compliance checks- Record keeping and documentation control- Segregation of commercial and approval functions
The company reserves the right to:
- Decline engagement- Suspend transactions- Terminate relationships
where compliance risks are identified.
- Pre-engagement counterparty screening- Transaction-level compliance checks- Record keeping and documentation control- Segregation of commercial and approval functions
The company reserves the right to:
- Decline engagement- Suspend transactions- Terminate relationships
where compliance risks are identified.
10. Ethical Conduct
We conduct business with integrity, transparency, and accountability, and expect the same from all partners and counterparties.
Responsibility
For compliance-related inquiries: compliance@gulfhorizon.services