VOL. XXXI

NO. 13

4-JANUARY-1988

UAE

Abu Dhabi's ZADCO and UDECO to Merge with Japanese Assuming BiggerOperational Role

In an effort to streamline their operations and rationalize costs, twooperating offshore oil companies in Abu Dhabi - the Zakum Development Company (ZADCO)and Umm Addalkh Development Company (UDECO) - have decided to merge with effectfrom early January 1988. ZADCO, a 50/50 joint venture between the Abu DhabiNational Oil Company (ADNOC) and Compagnie Francaise des Petroles (CFP)...