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Abu Dhabi National Oil Company

Abu Dhabi National Oil Company
(ADNOC)
Native name
شركة .بترول أبوظبي الوطنية
Government owned corporation
Industry Oil and gas
Founded 1971 (restructured in 1988)
Headquarters Abu Dhabi, United Arab Emirates
Key people
Khalifa bin Zayed Al Nahyan (Chairman of the Supreme Petroleum Council)
Yousef Al Omeir (CEO)
Abdulla Nasser Al Suweidi (COO)
Products crude oil
oil products
natural gas
Petrochemicals
Revenue US$60 billion (2014)
Owner UAE government
Number of employees
25,000 (2011)
Website .ae.adnocwww

The Abu Dhabi National Oil Company (Arabic: شركة بترول أبوظبي الوطنية‎) or ADNOC is the state-owned oil company of the United Arab Emirates (UAE). It is considered to be the world's fourth largest oil company with access to country's oil and gas reserves, (137 billion barrels (21.8×10^9 m3) of oil as of June 2007).[1] It is the UAE's biggest company. Adnoc is building a 1.2 billion dollar headquarters with over 300 offices For CEO,COO,CFO,CRO and directors.

Contents

  • Operations 1
  • Subsidiaries 2
  • Supreme Petroleum Council 3
  • Transportation 4
  • See also 5
  • References 6
  • External links 7

Operations

ADNOC is one of the world's leading company by oil reserves. The company operates two oil refineries which are Ruwais and Umm Al Nar. ADNOC has 18  subsidiary companies, both on upstream and downstream.

ADNOC is developing both onshore and offshore gas fields. Natural gas is exported in the form of liquefied natural gas (LNG) and supplied for local electricity and water utilities, to other industries including petrochemicals plants and for re-injection into reservoirs to improve oil and condensate is the eighth largest recipient of US federal contract dollars, receiving a total of about $900,000 in 2008 alone.[2]

Subsidiaries

As a fully integrated oil and gas company, ADNOC operations fulfill every aspect of process in the petroleum industry. These process are then divided into sixteen subsidiaries, listed below:[3]

  • Exploration and production of oil and gas:
  • Exploration and production services:
    • National Drilling Company (NDC) - offshore and onshore drilling
    • ESNAAD - production and marketing of mud chemicals, material handling services, waste management, chemical blending and manufacture(www.esnaad.com)
    • Abu Dhabi Petroleum Ports Operating Company (IRSHAD) - operations of oil exporting ports such as Ruwais and Jebel Dhanna
  • Oil and gas processing:
    • Abu Dhabi Gas Industries Limited (GASCO) - production and operation of liquefied gas products
    • Abu Dhabi Gas Liquefaction Company Ltd. (ADGAS) - processing, marketing and distribution of liquefied petroleum gas and liquefied natural gas
    • Abu Dhabi Gas Development Company Ltd. (Al Hosn Gas) - development of sour gas reservoirs located in Shah field
    • Abu Dhabi Oil Refining Company (TAKREER) - refining of crude oil, production of chlorine and related chemicals, sulphur granulation
  • Chemicals and petrochemicals:
  • Maritime transportation:
    • Abu Dhabi National Tanker Company (ADNATCO) - transportation of crude oil and refined products
    • National Gas Shipping Company (NGSCO) - shipments of liquefied gas products from Das Island
  • Refined products distribution:
    • ADNOC distribution - distribution, storage and transport of refined products
    • Al Dhafra Petroleum Operations Company Ltd.
  • development of two onshore concession blocks and one offshore concession
    • Al Yasat Company for Petroleum Operation LLC
  • development of onshore and offshore areas

Supreme Petroleum Council

The Supreme Petroleum Council acts as the board of directors for ADNOC.

Transportation

Through its subsidiaries the company operates several airports. The Abu Dhabi Company for Onshore Oil Operations operates Buhasa Airport and Jebel Dhana Airport. The Zakum Development Company operates Arzanah Airport, Qarnayn Airport and Zirku Airport. The Abu Dhabi Marine Operating Company operates Das Island Airport.[4]

See also

References

  1. ^ "Oil and Gas Reserves by Country or Company"
  2. ^ usaspending.gov (2008). "Federal Contracts to ABU DHABI". 
  3. ^ "ADNOC and its Group of Companies" PDF, ADNOC website.
  4. ^ United Arab Emirates AIP (login required)

External links

  • Official website
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