UAE

Highlights from ADCO's 1984 Report 

The following highlights of the activities of the Abu Dhabi Company for Onshore Oil Operations (ADCO) are excerpted from the company's 1984 Annual Report which has just been published. ADCO is owned 60% by the Abu Dhabi National Oil Company (ADNOC) and 40% by the shareholders of the Abu Dhabi Petroleum Company (ADPC) 9.5% each for BP, CFP, Shell and Near East Development Corporation (Exxon and Mobil) and 2% for Partex. In 1984 ADCO's...