ADCO

Company Introduction of ADCO Company

ADCO Company is a major player in the oil and gas industry in the United Arab Emirates. It is primarily involved in the exploration, development, and production of crude oil and natural gas.

Factory or Trader: ADCO Company is a producer, not a trader.

Formatted Content:

Industry: Oil and Gas

Primary Activities:

Exploration of crude oil and natural gas

Development of oil and gas fields

Production of crude oil and natural gas

Nature of Business: Producer (not a trader)

Headquarters: Abu Dhabi, United Arab Emirates

Key Operations: ADCO operates several onshore oil fields in Abu Dhabi, contributing significantly to the UAE's oil production. It is responsible for a substantial portion of the country's crude oil output.

Ownership: ADCO is a subsidiary of ADNOC (Abu Dhabi National Oil Company), which is a state-owned enterprise.

Mission: To maximize the value of Abu Dhabi's onshore hydrocarbon resources through efficient and responsible operations.

Vision: To be a world-class operator in the oil and gas industry, setting benchmarks in operational excellence, safety, and environmental stewardship.

Values: Safety, integrity, excellence, people, and sustainability.

History: Established in 1939 as Petroleum Development (Trucial Coast) Ltd., it was later renamed Abu Dhabi Petroleum Company (ADPC) in 1962 and finally became ADCO in 1971. It has a long history of contributing to the economic development of Abu Dhabi and the UAE.

Products produced or sold by ADNOC (formerly ADCO) in the UAE include:

* Crude Oil

* Natural Gas

* Condensate

* Liquefied Petroleum Gas (LPG)