Misplaced Pages

#214785

45-486: Besides the city and island of Abu Dhabi, the region contains nearby settlements such as Al-Bahiyah, Mussafah , Khalifa City and Mohammed Bin Zayed City, and nearby islands such as Al-Aryam and Al-Saadiyat . Khalifa City is in the vicinity of Zayed International Airport , and Mafraq and Mussafah are industrial areas, with the latter having a sea port . As such, the region is economically important. Settlements: To

90-491: A double skin façade , photovoltaic glazing, LED exterior lighting. Designed by HOK, the overall building complex consisting of more than 65 floors with an office tower, corniche club, crisis management center, a heritage museum, and other support facilities was opened in 2001. ADNOC is the title sponsor of the ADNOC Abu Dhabi Marathon held annually in mid-December. The marathon usually begins and ends at

135-786: A 20% stake in Abu Dhabi Oil Refining Company for over $ 3 billion. Austria 's OMV also invested about $ 2.8 billion, about 15% in ADNOC's refining business in partnership with Eni. Singapore's sovereign wealth fund GIC completed a deal with ADNOC in May 2019 that gives GIC a 6% share in ADNOC's pipeline infrastructure. The deal is valued at $ 600 million. ADNOC Headquarters is a skyscraper office complex located in Abu Dhabi . The building incorporates energy efficiency and sustainable engineering technologies, such as

180-564: A 40% share. In December 2021, ADNOC and Abu Dhabi National Energy Company PJSC ( TAQA ) announced a $ 3.6 billion project to aim to reduce the carbon footprint of ADNOC's offshore production operations by more than 30%. In December 2022, it was announced ADNOC had acquired a 24.9% stake in Austrian integrated oil, gas, and petrochemical company, OMV . In December 2023, ADNOC agreed to acquire OCI's entire stake in ammonia and urea producer Fertiglobe for $ 3.62 billion. As of November 2019,

225-532: A 60% share, the remaining 40% is split ( CNPC (8%), BP (10%), Total (10%), Inpex (5%), CEFC (4%) and GS Energy of South Korea (3%)). In December 2018 ADNOC transferred China Energy's stake in onshore to China ZhenHua Oil Company, awarding the company a 4% stake. ADNOC Offshore is the largest offshore oil producer in Abu Dhabi. It is ADNOC's dedicated offshore arm and is responsible for the development and delivery of oil and gas resources in Abu Dhabi waters. It

270-499: A daily basis, the project is also expected to produce 504 million cubic feet of natural gas, 33,000 barrels of condensates, and thousands of tons of natural gas liquids , and thousands of tons of sulphur granules. The Project is located in the Shah gas field about 210 kilometers west of Abu Dhabi. Half of this field's production will be used to service domestic demand in the UAE and minimize

315-490: A flotilla of very large gas carriers (VLGCs). AW Shipping delivers liquefied petroleum gas (LPG) from ADNOC and other global suppliers to Wanhua's sites in China and globally. In November 2018, a 10-year contract for (LPG) supply was forged between the companies. ADNOC Distribution (ADNOCDIS:UH) operates hundreds of service stations across the UAE, provides bunkering services at Zayed Port , aviation fuel services at most of

360-511: A fully owned subsidiary of ADNOC , began operating in Musaffah in 2007. Ducab began operating in 2008 from a new plant in Musaffah where they have sought to increase their production capacity of low- and medium-voltage cables from 65,000 cubic tons to 110,000 cubic tons per year. Their other plant is in Jebel Ali . In 2011, Abu Dhabi Urban Planning Council (UPC) officially handed over

405-576: A futures contract on an international stock exchange. Murban is a highly prized grade of crude oil that accounts for about half of the UAE's total oil output of about 3 million barrels per day. A joint venture between ADNOC and the Abu Dhabi Developmental Holding Company (ADQ) was launched in July 2020 to invest in chemicals projects in the planned Ruwais Derivatives Park. ADNOC will have a 60% stake while ADQ will hold

450-417: A local police station was built. The government began offering incentives to businesses to operate in Musaffah, offering them zone services including exemption from customs on imported good, land, and industrial licenses. Musaffah is now the site for the "Abu Dhabi Industrial City", a special economic zone. As a result, the economic development of the area boomed in the 2000s, facilitated by its own port on

495-680: A long way from the smart, iridescent blocks of the city." The port facility provides for cargo operations and warehousing for a wide range of clients. A new tunnel of 280 m (920 ft) length links the airport with Musaffah. The Musaffah Channel is a man-made canal, with gypsum crystals described as large and bladed. The banks at the eastern end of the Musaffah Channel reportedly have " Pleistocene reworked dune deposits, unconformably overlain by Holocene carbonates and sabkha evaporates." The channel's inner reaches are situated approximately 7 kilometres (4.3 mi) inland from

SECTION 10

#1732790355215

540-457: A pipe plant proposal in the area had strong local backing. Growth was facilitated by the building of the 480 metres (1,570 ft) Musaffah Bridge, a six-lane bridge which was built between 1976 and 1978, connecting the island of Abu Dhabi to the main land, following investment by the Korean company Dongah . An engineering assessment of the bridge in 1994 revealed that the concrete in the bridge

585-645: A population of about 151,000 and its jurisdiction includes Musaffah Industrial Area, northern coastal zone, labour camps, commercial centre of Khalifa, new industrial centre, residential and commercial areas of Mohammed Bin Zayed, also residential areas of Khalifa City. In January 2022, a group of Houthis blew up three ADNOC trucks in Mussafah and some infrastructure at the international airport . ADNOC The Abu Dhabi National Oil Company ( Arabic : شركة بترول أبو ظبي الوطنية ), known by its acronym ADNOC ,

630-602: Is ADNOC's oldest subsidiary. It was previously known as National Drilling Company, NDC. ADNOC Drilling is the largest drilling company in the Middle East. It drills for oil both onshore and offshore in Abu Dhabi. ADNOC currently has a 95% equity in ADNOC Drilling after energy services giant Baker Hughes, acquired a 5% stake (valued around $ 11 billion or AED40.4 billion) in 2018. In September 2021, ADNOC Drilling announced its intention to list another 11% of shares in

675-578: Is a fast-growing residential area with apartments and villas. Musaffah is located in the central region of the Emirate, situated some 20 km (12 miles) south-east of the centre of Abu Dhabi City, and thus is a satellite town . On the eastern side is Mohammed Bin Zayed City and to the south is ICAD II and Al Maqatrah . The E30 road passes on its eastern side, between Musaffah and Mohammed Bin Zayed City. A road and rail system exists between Musaffah and Taweelah . 88 towers exist on either side of

720-664: Is a joint venture between ADNOC and the Linde Group of Germany. ADNOC holds 51% equity with the remainder held by Linde. It is formerly known as ADNOC Linde Industrial Gases Company Limited (ELIXIER). Borouge is a manufacturer of polyolefins . It is a joint venture of ADNOC and Borealis of Austria. It was founded in 1998, and has two divisions, one based in Abu Dhabi and another based in Singapore. The company supplies polyolefin plastics ( polyethylene and polypropylene ). They focus on differentiated high-end applications in

765-562: Is one of the busiest streets in Abu Dhabi Island, and goes near the mangroves located to the east of the island. It connects Abu Dhabi with the mainland through the Sheikh Zayed Bridge . The Abu Dhabi-Al Falah highway (E12) connects Abu Dhabi island to Saadiyat Island , Yas Island and other islands and to the mainland. Mussafah Muṣaffah ( Arabic : مُصَفَّح ) or Musaffah is an industrial district to

810-404: Is previously known as Abu Dhabi Company for Onshore Petroleum Operations, ADCO. ADNOC Onshore operates primarily in Abu Dhabi. The company was originally known as Petroleum Development ( Trucial Coast ). It received its first concession on January 11, 1939, but did not begin geological operations until after World War II . The first commercially viable oil discovery was made at Bab in 1960. In 1962,

855-492: Is previously known as Abu Dhabi Oil Refining Company (TAKREER). In September 2019 Fertiglobe was formed as a result of the merger of ADNOC Fertilizers, (established in 1980) with Dutch firm OCI's Middle East nitrogen fertilizer business. ADNOC has a 42% stake in the new business. ADNOC Industrial Gas was founded in 2007. It manufactures industrial gas used in the oil, gas, and petrochemical industries. ADNOC Industrial Gas works very closely with ADNOC Gas Processing. The firm

900-422: Is processed and loaded on ships for export to East Asia, especially Japan. ADNOC is the majority shareholder. Minority shares are held by Mitsui, BP, and Total. It is formerly called Abu Dhabi Gas Liquefaction Co. Limited (ADGAS). ADNOC Refining was created in 1999 to take over oil refining from ADNOC. ADNOC Refining refines crude oil and condensate, various petroleum products, and granulated sulphur. It operates

945-438: Is the current CEO of Al Yasat Petroleum. Al Yasat's role is to explore oil and gas potential within the company's mandated concession areas and to develop prospective locations on behalf of the company's shareholders. ADNOC is the majority shareholder and owns 60% of the company, with CNPC owning the remaining 40%. Al Dhafra Petroleum is an emerging upstream company that is focused on unlocking undeveloped oil and gas potential in

SECTION 20

#1732790355215

990-640: Is the state-owned oil company of the United Arab Emirates (UAE). It is the world's 12th largest oil company by production. As of 2021, the company has an oil production capacity exceeding 4 million bpd with plans to increase to 5 million bpd by 2030. It is the United Arab Emirate's largest oil company. ADNOC's output was roughly flat at about 2.5 million barrels per day during the 1990s. It stood at 2.9 mbpd in 2008. Although its financial indicators are difficult to assess as

1035-505: The Abu Dhabi . The council was formed in 1988. The council is tasked with supervising all oil and gas companies that operate in Abu Dhabi and the United Arab Emirates and acts as the board of directors for ADNOC. ADNOC operates numerous companies with different functions, including exploration and production; processing and refining; marketing and distribution. ADNOC Onshore works onshore and in shallow coastal water. It

1080-565: The 3.5 kilometres (2.2 mi) section of highway between the Musaffah Bridge and the highway interchange for the industrial estate. The bridge has two identical components which comprise, in addition to a carriageway, a foot-way 2 metres (6 ft 7 in) in width. Musaffah's aesthetic qualities have been criticised by many. One author said that the "semi-industrial areas like Musaffah have morphed into grimy shanty-towns for thousands. The cramped, dirty quarters are hot, pungent and

1125-780: The ADNOC Group headquarters, situated on the iconic Corniche Road in Abu Dhabi City. Sultan Ahmed Al Jaber is the Minister of Industry and Advanced Technology in the United Arab Emirates, CEO of the Abu Dhabi National Oil Company, UAE special envoy for climate change, and head of the COP28 climate summit . Under Al Jaber's leadership, ADNOC has invested in renewable energy and carbon capture, while also expanding its carbon business against trends in

1170-552: The Middle East and Asia Pacific with Borstar Enhanced Polyethylene produced in Abu Dhabi and the Borealis range of specialty products. ADNOC Logistics & Services was formed by merging ESNAAD, IRSHAD, and ADNATCO. ADNOC Logistics & Services is 100% owned by ADNOC. The new company has a workforce of about 4,000 people. In August 2020, Chinese company Wanhua partnered with ADNOC Logistics and Services to create AW Shipping Ltd., which owns and operates product tankers and

1215-459: The Ruwais and Abu Dhabi refineries. In 2015, it completed a major expansion of its Ruwais Refinery . The $ 10 billion project doubled the capacity of the facility. A large part of the increased output is dedicated to diesel production due to demand from Asia. Ruwais has the ability to refine 600,000 tonnes of high-quality base oils per year. These oils are used primarily for automotive lubricants. It

1260-504: The UAE holds the sixth-largest proven reserves of oil in the world at 105 billion barrels. Most of these reserves are located in Abu Dhabi . ADNOC is one of the world's largest energy companies measured by both reserves and production. ADNOC has 16 subsidiary companies in upstream , midstream , and downstream stages of production. ADNOC develops both onshore and offshore gas fields. The company operates two oil refineries , Ruwais Refinery and Umm Al Nar. ADNOC exports natural gas in

1305-452: The UAE. Al Dhafra Petroleum is a dynamic and efficient upstream company with a mandate to maximize the UAE's natural resources. Its shareholders are ADNOC, which owns 60% of the company, with Korea National Oil Corporation (KNOC) and GS Energy owning the remaining 40%. ADNOC Sour Gas is a joint $ 10 billion venture between ADNOC and Occidental Petroleum that is expected to extract at least one billion cubic feet of ultra-sour gas per day. On

1350-407: The company has been described as secretive, it has also been described as efficient and well managed. ADNOC is one of few oil companies in the world to make a substantial investment to increase oil production amid growing pressure to reduce output due to climate change. In November 2019, ADNOC received approval from the emirate's Supreme Petroleum Council to list its flagship Murban crude oil as

1395-557: The company on the Abu Dhabi Securities Exchange (ADX) through an Initial Public Offering (IPO). On October 3, 2021, the company went public on the Abu Dhabi bourse, and became the most successful listing of all time in the emirate, jumping 30% on its first-ever day of trading. Al Yasat Petroleum is ADNOC's youngest operating company. It is the first joint venture between ADNOC and China National Petroleum Corporation (CNPC), established in 2014. Tayba Al Hashemi

Abu Dhabi Central Capital District - Misplaced Pages Continue

1440-636: The company was renamed the Abu Dhabi Petroleum Company. Exports began to flow from the Jebel Dhanna terminal on December 14, 1963. Abu Dhabi's government acquired 25% equity in the company in 1973 and increased its stake to 60% in 1974. The company started using the name Abu Dhabi Company for Onshore Petroleum Operations, ADCO, in 1978. ADNOC Onshore's primary exports are from the Jebel Dhanna and Fujairah terminals. ADNOC have

1485-513: The country's airports, and sells its own brand of lubricants throughout the Gulf region. In September 2020 ADNOC completed "the largest block placement of a publicly listed" company in the Gulf region valued at $ 1 billion. The placement, which was aimed at institutional investors, increased the subsidiary's free float to 20%. ADCOP owns an approximately 406 km pipeline that carries crude oil from an ADNOC Onshore collection center in Abu Dhabi to

1530-874: The east of the island of Abu Dhabi is a national park with grey mangroves . Arabic for "the Mangrove" is al-Qurm ( ٱلْقُرْم ), and it is the name of a corniche that is popular amongst residents of the city, near Salam Street . The satellite town of al-Wathba has a Ramsar wetland nearby. In the area of Al-Bahiyah, near the Abu Dhabi – Dubai highway , is located the Emirates Park Zoo And Resort ( Arabic : مُنْتَجَع وَحَدِيْقَة ٱلْإِمَارَات لِلْحَيْوَانَات , romanized :  Muntajaʿ Wa-Ḥadīqat Al-ʾImārāt Lil-Ḥaywānāt ), which hosts over 1400 fauna, including rescued ones, and allows visitors to engage with them. For example, in October 2018, there

1575-447: 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. Major investments were made to ADNOC in 2019 by US asset managers BlackRock and KKR and Italian investment firm Eni . The US firms acquired about 40% of ADNOC's pipeline assets for about $ 4 billion while Eni SpA took

1620-502: The industry, and with investments in carbon outstripping those in renewables. Sultan is also the president of the climate change conference cop 28 which is being held in Dubai, UAE. Him and the UAE have come under fire for greenwashing . Following the summit, Al Jaber announced that ADNOC would continue to invest in oil. The Supreme Petroleum Council is the highest governing body of oil, gas, and similar industry-related activities in

1665-488: The landmark 53-kilometre long Musaffah Channel project to Abu Dhabi Ports Company (ADPC) for operational use. The development of the $ 411 million (AED1.5 billion) deepwater Musaffah Port and Musaffah Channel included a new general cargo terminal at the northwest corner of the Musaffah Industrial Area, as well as an extensive waterfront occupied by numerous private berths and terminals. Musaffah Shabiya

1710-480: The location of the present-day lagoon. The port has a 342 metres (1,122 ft) long main quay and two 40 metres (130 ft) long side quays and covers an area of 37,500 square metres (404,000 sq ft). The depth of draft is 11 metres (36 ft) at the port and is linked with the new Musaffah Channel (a channel dredged 9 metres (30 ft) below the datum) which is about 53 kilometres (33 mi) in length. The municipal administration area of Musaffah has

1755-578: The need for gas imports. ADNOC Sour Gas is 60% owned by ADNOC with the remaining equity held by Occidental . It is previously known as Abu Dhabi Gas Development Company Limited (Al Hosn Gas). ADNOC Gas Processing is a natural gas producer. It is formerly known as Abu Dhabi Gas Industries Limited (GASCO). ADNOC owns 68 percent equity in ADNOC Gas Processing. Other shareholders are Shell Abu Dhabi with 15 percent equity, Total also with 15 percent, and Partex with 2 percent. The company

1800-629: The northern side. Hydrocarbons-intensive industries have been one of the major areas of growth. By January 2009, about 30% of the land in the Polymer Park vicinity had been let out. It was estimated that by 2012, the area would be about 60% utilised, exceeding $ 27 million in investment. A Bonar Emirates Technical Yarns factory, run by both ADBIC and Low & Bonar in conjunction, was established in April 2008 and manufactures industrial grass yarn. Abu Dhabi Drilling Chemicals and Products Ltd (ADDCAP),

1845-550: The southwest of Abu Dhabi , the United Arab Emirates . Also known as Muṣaffah Aṣ-Ṣanāʿiyah ( Arabic : مُصّفَّح ٱلصّنَاعِيَة ), it is one of the most important economic areas of the United Arab Emirates and has been designated a special economic zone, with numerous factories and port. Musaffah was a small industrial area in the 1970s. A 1980 MEED report described it as "a maze of roads and half-completed buildings" where industrial operations principally comprised workshops, service and maintenance facilities. The report stated that

Abu Dhabi Central Capital District - Misplaced Pages Continue

1890-617: Was a programme in which visitors could have lunch with leopards , particularly the Amur leopard . Abu Dhabi island has four highways and four road bridges which all connect the island to the mainland namely Sheikh Zayed road (E10) with Sheikh Zayed Bridge , Abu Dhabi-Al Ain road (E22) with Maqta Bridge , Abu Dhabi-Sweihan highway (E20) with Mussafah Bridge and The Abu Dhabi-Al Falah highway (E12) with Sheikh Khalifa Bridge . The Sheikh Zayed Bin Sultan Street, also known as Salam Street ,

1935-456: Was established in 1975. ADNOC introduced a new category in its enterprise HSE Awards for energy management to recognize efforts made by companies, employees and contractors. This award helps to promote energy awareness and increase the involvement and accountability of individuals. ADNOC LNG processes and distributes liquefied petroleum gas and liquified natural gas . ADNOC Gas Processing supplies products to ADNOC LNG at Das Island where it

1980-536: Was formed through the consolidation of two of ADNOC's upstream oil and gas companies: Abu Dhabi Marine Area Operating Company (ADMA-OPCO) and Zakum Development Company (ZADCO). With reorganisation, and the expiry of the 65-year-old ADMA concessions, the offshore concessions are now split by fields. ADNOC 60% then the 40% is split into Upper Zakum (Exxon / INPEX), (minor fields Umm Al Dalk, Satah (Inpex 40%)), Lower Zakum (Total, ENI, ONGC, INPEX), Umm Shaif and Nasr (Total, ENI), Sarb and Umm Lulu (CEPSA, OMV). ADNOC Drilling

2025-497: Was not sustainable and was beyond repair. As a result, the bridge underwent much restoration work in the 1990s, and generating new interest in developing Musaffah as an industrial centre. In 1996, the Abu Dhabi Seaports Authority announced a Dh2.4 billion development plan of the area, including the building of a new port in Musaffah. In 1998, many medium-rise buildings, mostly for offices, were proposed, and

#214785