The Largest Abu Dhabi Companies: Abu Dhabi National Oil Company
The largest Abu Dhabi companies must generate a lot of revenue. One of the largest ones in Abu Dhabi is the Abu Dhabi National Oil Company. Abu Dhabi is famous with its oil production. Therefore, it is called as one of the richest countries in the world. The oil company is possessed by UAE or United Arab Emirates. Based on the ranking in the world, ADNOC is placed in the fourth position of the largest oil company in the world. If you are interested to find out the subsidiaries, revenues and operation of ADNOC, check the following post below:
Largest Abu Dhabi Companies: Oil production
As I have stated before, ADNOC generates oil and gas. It is estimated that the oil company has the access to 137 billion barrels of oil based on the data on June 2007. The oil and gas reserves in the country are enough to make the people live happily.
Largest Abu Dhabi Companies: Operations
Let’s discuss about the operation of ADNOC in the country. There are two oil refineries that ADNOC has. Both are the Umm Al Nar and Ruwais. This company also has the off shore and onshore gas fields. They also have the upstream and downstream subsidiaries. LNG is a kind of product developed by ADNOC. It is liquefied natural gas exported by ADNOC to other countries to supply for the industries, water utilities and local electric.
Largest Abu Dhabi Companies: United States Federal contract
ADNOC is called as one of the largest Abu Dhabi companies because it gains a lot of revenue. Based on the data in 2008, ADNOC got $918,256,500. Therefore, it was called as the 8th largest reception of US federal contract dollars.
Largest Abu Dhabi Companies: Subsidiaries
As a large company in Abu Dhabi. ADNOC has 16 subsidiaries. The establishment of the subsidiaries is used to serve every aspect of the petroleum industry. The offshore oil and gas production is under the responsibility of ADMA-OPCO or Abu Dhabi Marine Operating Company. The oil production, exploration and export of onshore oilfield are developed by ADCO or Abu Dhabi Company for Onshore Oil Operations. Other subsidiaries in ADNOC include National Drilling Company, Zakum Development Company, Abu Dhabi Gas Development Company Ltd., Abu Dhabi Oil Refining Company, Abu Dhabi Gas Liquefaction Company Ltd., Abu Dhabi Petroleum Ports Operating Company, and many more. Check the facts about the largest Abu Dhabi banks here.
Largest Abu Dhabi Companies: Transportation
There are several airports operated by the subsidiaries. For example, Buhasa Airport and Jebel Dhana Airport are operated by Abu Dhabi Company for Onshore Oil Operations. Das Island Airport is operated by Abu Dhabi Marine Operating Company. Three airports which include Arzanah Airport, Qarnayn Airport and Zirku Airport are operated by Zakum Development Company.
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