ADNOC


ADNOC

Infobox_Company
company_name = Abu Dhabi National Oil Company ADNOC
_ar. شركة بترول أبوظبي الوطنية
company_
company_type = Government owned corporation
company_slogan =
foundation = 1971 (restructured in 1988)
location = flag|Abu Dhabi, flagicon|United Arab Emirates United Arab Emirates
key_people = Sheikh Khalifa bin Zayed Al Nahyan, Chairman of the Supreme Petroleum Council
Yousef Omair Bin Yousef, CEO
industry = Oil & Gas
products = Oil (fuels, lubricants)
Natural Gas (LNG, LPG)
Petrochemicals
revenue =
operating_income =
net_income =
num_employees =
homepage = http://www.adnoc.ae/

The Abu Dhabi National Oil Company ( _ar. شركة بترول أبوظبي الوطنية) or ADNOC is the state-owned oil company of the United Arab Emirates (UAE), with access to over 90% of that country's oil and gas reserves, considered to be the world's fourth largest (137 billion Barrels of oil as of June 2007) [ [http://www.data360.org/dsg.aspx?Data_Set_Group_Id=1491/ "Oil and Gas Reserves by Country or Company"] , Data360.] . ADNOC is one of the world’s leading companies with major oil reserves and in recent years, exploration activities have continued using state-of-the art seismic analysis in order to increase the proven reserves. Oil production capacity has been expanded, and recovery rates from existing oil reservoirs have been improved. Currently the company operates two oil refineries which are Ruwais and Umm Al Nar. ADNOC have eleven subsidiary company under it, each handling every aspect of process in the petroleum industry both upstream and downstream.

The United Arab Emirates is one of the world’s leading owners of gas reserves, which ADNOC is developing both onshore and offshore for export as LNG and for supply to local electricity and water utilities, to other industries including petrochemical plants and for re-injection into reservoirs to improve oil and condensate production. Eight new LNG tankers have been purchased to transport LNG exports.

Towards achieving the goal to make ADNOC a world-class environmental company, the focus on health, safety and environment has been growing in importance and includes greater protection to the population and country at large, on land and sea against industrial pollution. Key achievements include dramatic reduction of gas flaring. It is the ultimate objective to completely eliminate gas flaring.

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

ubsidiaries

As a fully integrated oil & gas company ADNOC operations fulfill every aspect of process in the petroleum industry. These process are then divided into eleven subsidiaries, listed below: [PDFlink| [http://www.adnoc.ae/adnoc/english/ADNOC_English_final_Hi%20Res.pdf/ "ADNOC 5 -year Achievement Report] , ADNOC website.]
*Abu Dhabi Gas (ADGAS) - Processing, marketing and distributing LPG & LNG
* [http://www.ndc.ae National Drilling Company] (NDC) - offshore and onshore drilling. NDC is the first venture among ADNOC Group of Companies.
*Abu Dhabi Company for Onshore Oil Exploration ADCO - Oil Exploration, Production and export for 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.
*National Petroleum Construction Company (NPCC) - Construction of oil industries facilities.
* [http://www.gasco.ae Abu Dhabi Gas Industries Ltd] (GASCO) - Production and operation of Liquefied gas products.
*ESNAAD - production & marketing of mud chemicals, material handling services, waste management, chemical blending and manufacture, offshore supply base.
*Abu Dhabi Oil Refining Company (TAKREER) - Refining of Crude Oil, Chlorine and related chemicals production, sulphur granulation.
*Abu Dhabi Petroleum Ports Operating Company (IRSHAD) - Operations of oil exporting ports such as Ruwais and Jebel Dhanna
*Ruwais Fertilizer Industry (FERTIL) - Production and marketing of urea and ammonia in the Ruwais plant.
*ADNOC distribution - Distribution, storage and transport of refined products.
*Abu Dhabi National Tanker Company (ADNATCO) - Transporting crude oil and refined products.
*Abu Dhabi Polymers Company Ltd (Borouge) - Processing and production of ethylene and polyethylene.
*National Gas Shipping Company (NGSCO) - Shipments of liquefied gas products from Das Island.

upreme Petroleum Council

The Supreme Petroleum Council is the highest governing body of oil, gas and similar industry related activities in the UAE. The Council is formed in 1988. All activities of ADNOC is governed by this council.The member of this council are:
#Sheikh Khalifa bin Zayed Al Nahyan, Chairman
#Sheikh Sultan bin Zayed Al Nahyan, member
#Sheikh Mohammed bin Zayed Al Nahyan, member
#Sheikh Mansour bin Zayed Al Nahyan, member
#Sheikh Hamed bin Zayed Al Nahyan, member
#Yousef Omair Bin Yousef, member and secretary-general of the council
#Khalifa Mohammed Khalifa Al Kindi, member
#Abdullah Nasser Al Suwaidi, member

References

External links

* [http://www.adnoc.ae Company website]


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