VOL. XXXVI

NO. 40

5-JULY-1993

UAE

ADCO's 1992 Annual Report

In 1992 the Abu Dhabi Company for Onshore Oil Operations (ADCO) made goodprogress in its major field development projects which will result insubstantial increases in the company's production capacity in the mid-1990s,according to the company's 1992 Annual Report. (ADCO is owned 60% by the AbuDhabi National Oil Company - ADNOC - 9.5% each by British Petroleum, Shell andTotal, 4.75% each by Exxon and Mobil, and 2.0% by Partex.) The...