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Adnoc Information

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]

Contents

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]

Supreme Petroleum Council

Main article: Supreme Petroleum Council

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

References

  1. ^ "Oil and Gas Reserves by Country or Company", Data360.
  2. ^ "ADNOC and its Group of Companies"PDF, ADNOC website.

See also

External links

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Categories: Oil and gas companies of the United Arab Emirates | Government-owned companies in the United Arab Emirates | Companies based in Abu Dhabi | National oil and gas companies

 

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