ADNOC
Adnoc is now considered to be a 'supermajor' oil company. It is the UAE's largest company
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Native name
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شركة بترول أبوظبي الوطنية |
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| Government owned corporation | |
| Industry | Oil and gas |
| Founded | 1971 (restructured in 1988) |
| Headquarters | Abu Dhabi, United Arab Emirates |
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Key people
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Khalifa bin Zayed Al Nahyan (Chairman of the Supreme Petroleum Council) Sultan Ahmed Al Jaber (Director-General and CEO) |
| Products |
crude oil oil products natural gas Petrochemicals |
| Revenue | US$60 billion (2014) |
| Owner | UAE government |
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Number of employees
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25,000 (2011) |
| Website | www |
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). According to the Oil & Gas Journal, as of January 2015, the UAE holds the seventh-largest proven reserves of oil in the world at 97.8 billion barrels. Most of these reserves are located in Abu Dhabi. It is the world's 11th largest oil company by production, standing at 3.1 million barrels per day. It is the UAE's biggest company.
ADNOC is one of the world's largest energy companies measured by both reserves and production. The company operates two oil refineries, Ruwais and Umm Al Nar. ADNOC has 18 subsidiary companies in upstream, midstream, and downstream stages of production. ADNOC develops both onshore and offshore gas fields. ADNOC exports natural gas in the form of liquefied natural gas (LNG) in addition to producing supplies for local electricity and water utilities, to other domestic industries including petrochemicals plants, and for re-injection into reservoirs.
ADNOC Headquarters is a skyscraper office complex located in Abu Dhabi. The building incorporates energy efficiency and sustainable engineering technologies, such as a double skin façade, photovoltaic glazing, LED exterior lighting. Designed by HOK, the overall building complex consists of more than 65 floors with an office tower, corniche club, crisis management center, a heritage museum, and other support facilities.
Sultan Ahmed Al Jaber is Minister of State in the United Arab Emirates, the Director-General and CEO of the Abu Dhabi National Oil Company, the chairman of Masdar, a company located in Abu Dhabi specializing in clean technology, renewable energy, and sustainable development and the chairman of Abu Dhabi Ports. He serves as the UAE's special envoy for energy and climate change.
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