Abu Dhabi National Oil Company
ADNOC
شركة بترول أبوظبي الوطنية
Type Government owned corporation
Industry Oil and gas industry
Founded 1971 (restructured in 1988)
Headquarters Abu Dhabi, United Arab Emirates
Key people

Sheikh Khalifa bin Zayed Al Nahyan, Chairman of the Supreme Petroleum Council

His Excellency Abdulla Nasser Al Suweidi (CEO)
Products crude oil and oil products (fuels, lubricants)
natural gas (LNG, LPG)
Petrochemicals
Website www.adnoc.ae

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]

Operations

ADNOC is one of the world's leading companies by oil reserves. The company operates two oil refineries which are Ruwais and Umm Al Nar. ADNOC has 14 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 petrochemical plants and for re-injection into reservoirs to improve oil and condensate production.

ADNOC is the eighth largest recipient of US federal contract dollars, receiving a total of $918,256,500 in 2008 alone. usaspending.gov (2008), Federal Contracts to ABU DHABI, http://www.usaspending.gov/fpds/fpds.php?database=fpds&reptype=r&detail=-1&sortby=a&datype=T&parent_id=264465&fiscal_year=2008

Subsidiaries

As a fully integrated oil & gas company ADNOC operations fulfill every aspect of process in the petroleum industry. These process are then divided into sixteen subsidiaries, listed below:[2]

  • Exploration and Production Of Oil & Gas:
    • Abu Dhabi Company for Onshore Oil Exploration ADCO - oil exploration, production and export from onshore oilfields.
    • Abu Dhabi Marine Operating Company (ADMA-OPCO) - offshore oil and gas production
    • Zakum Development Company (ZADCO) - oil production of the upper Zakum field
  • 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
    • 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 Ltd (GASCO) - production and operation of Liquefied gas products
    • Abu Dhabi Gas 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

Supreme Petroleum Council

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

References

See also

External links

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ar:شركة بترول أبوظبي الوطنية de:Abu Dhabi National Oil Company es:ADNOC fr:ADNOC ml:അഡ്നോക് uk:Аднок zh:阿布扎比国家石油公司