We are a UAE based refiner with a global reach. [21] The building incorporates energy efficiency and sustainable engineering technologies, such as a double skin façade, photovoltaic glazing, LED exterior lighting. Half of this field's production will be used to service domestic demand in the UAE and minimize the need for gas imports. ABU DHABI OIL REFINERY COMPANY - TAKREER | 2,894 followers on LinkedIn. [38] It is formerly known as ADNOC Linde Industrial Gases Company Limited (ELIXIER). It received its first concession on January 11, 1939 but did not begin geological operations until after World War II. [40], Al Dhafra Petroleum is an emerging upstream company that is focused on unlocking undeveloped oil and gas potential in the UAE. The company operates two oil refineries, Ruwais and Umm Al Nar. Last Updated: January 12, 2017. [27] He was appointed the chairman of the Board of Directors of the Emirates Development Bank in September 2020. [17][18], 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 CFP upgrade initiative is a core driver of the oil giant's Downstream's 2030 smart growth strategy. CONTRACTOR : Daewoo Engineering & Construction Co., Ltd. TAKREER RUWAIS REFINERY EXPANSION PROJECT EPC-4 TANKAGE AND ASSOCIATED INTERCONNECTING PIPING AGREEMENT No. Located 240km west of Abu Dhabi city. The US firms acquired about 40% of ADNOC's pipeline assets for about $4 billion while Eni SpA took a 20% stake in Abu Dhabi Oil Refining Company for over $3 billion. It is the first joint venture between ADNOC and China National Petroleum Corporation (CNPC), established in 2014. The firm is a joint-venture between ADNOC and the Linde Group of Germany. Established in the year 1998, Abu Dhabi Vegetable Oil Company (ADVOC) has established itself as a top class manufacturer of high quality edible oils and fats in the region. [62], ADNOC schools teach Emirati and expatriate students, following a rigorous curriculum based on the highest academic standards, and prepares them for admission to the world's leading universities. No. Abu Dhabi Oil Refining Company (Takreer), which today trades as Adnoc Refining, was formed as a separate entity in 1999 to take over the responsibility of refining operations from Adnoc Group. Designed by HOK, the overall building complex consists of more than 65 floors with an office tower, corniche club, crisis management center, a heritage museum, and other support facilities. Abu Dhabi Oil Refining Company (TAKREER) was established in 1999 to take over the responsibilities of refining operations from Abu Dhabi National Oil Company (ADNOC). The major areas include crude oil and condensate refining, supply of petroleum products and manufacturing of granulated Sulphur. The deal is valued at $600 million. ADNOC Drilling is the largest drilling company in the Middle East. The $10 billion project doubled the capacity of the facility. The UAE’s oil reserves are mostly located in Abu Dhabi which produces 3.1 million barrels per day. 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 40%). ADNOC Fertilizers is a joint venture with Total. ADNOC is the majority shareholder. 2014 information Information of office relocation 01 May. This covers the crude oil and condensate refining, supply of petroleum products and production of granulated sulphur. [19][20], ADNOC Headquarters is a skyscraper office complex located in Abu Dhabi. Established in the year 1998, Abu Dhabi Vegetable Oil Company (ADVOC) has established itself as a top class manufacturer of high quality edible oils and fats in the region. The company signed the exploration concession agreement with the Abu Dhabi National Oil Company (ADNOC) to appraise oil and gas opportunities in the block located southeast of Abu Dhabi city. It is previously known as National Drilling Company, NDC. Executive compensation has now been tied to key performance indicators and commercial benchmarks, especially operating cost per barrel. ADNOC Refining refines crude oil and condensate, various petroleum products, and granulated sulphur. Apply for latest abu-dhabi-oil-refining-company-takreer Job openings for freshers and experienced. No. ADNOC has 16 subsidiary companies in upstream, midstream, and downstream stages of production. [16] Austria's OMV also invested about $2.8 billion, about 15% in ADNOC's refining business in partnership with Eni SpA. BON ACCORD OIL FIELD SERVICES ( BAOS ) established in the year 2007 a 100% UAE national company registered with all Oil Operating companies … Umm Al-Nar) in 1976 & Ruwais Refinery … Abu Dhabi. [52][45] Most products are exported to India. US-based oil and gas exploration and production (E&P) company Occidental has secured exploration rights for Abu Dhabi Onshore Block 5 in the UAE following a competitive bidding round. Other shareholders are Shell Abu Dhabi with 15 percent equity, Total also with 15 percent, and Partex with 2 percent. Abu Dhabi National Oil Company (Adnoc) has completed partnership agreements with Eni and OMV which will see them take stakes of 20 and 15 per cent, respectively, in its refining unit. [54], Borouge is a manufacturer of polyolefins. The Abu Dhabi Oil Refining Company, so called TAKREER, is the operational entity of the Abu Dhabi National Oil Company (ADNOC) in charge of the refining business. The major areas include crude oil and condensate refining, supply of petroleum products and manufacturing of granulated Sulphur. The plan includes streamlining ADNOC's operations to improve profitability and working to create a more commercially minded culture among the firm's employees; the goal is to put the quality of ADNOC's operations on equal footing with large multinationals while ensuring that the firm continues to help the UAE diversify its economy. COMPANY : Abu Dhabi Oil Refining Company (TAKREER) PMC : Mott MacDonald Ltd. [32], The Supreme Petroleum Council is the highest governing body of oil, gas, and similar industry related activities in the Abu Dhabi. As part of this effort, a master plan is being implemented to better coordinate upstream and downstream gas operations among ADNOC's many subsidiaries in order to more effectively meet the UAE's rising demand for natural gas. With reorganisation, and the expiry of the 65-year-old ADMA concessions, the offshore concessions are now split by fields. ADNOC exports natural gas in the form of liquefied natural gas (LNG) in addition to producing supplies for local electricity and water utilities, to other domestic industries including petroche… This covers the crude oil and condensate refining, supply of petroleum products and production of granulated sulphur. In addition, ADVOC owns several other leading brands including LiteLife, Sarola, Rooly and Amir, among others. Abu Dhabi's government acquired 25% equity in the company in 1973 and increased its stake to 60% in 1974. On November 11, 2013, Abu Dhabi Oil Refining Company (TAKREER) awarded Intecsa Industrial the contract for the “Naturally Occurring Radioactive Materials” (NORM) project. We continue to look for new and innovative ways to maximize the value of our energy resources. It manufactures urea and ammonia at its plant in Ruwais. of Projects: 48. The company supplies polyolefin plastics (polyethylene and polypropylene). [44][45], 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. [47], ADNOC LNG processes and distributes liquefied petroleum gas and liquified natural gas. The major areas include crude oil and condensate refining, supply of petroleum products and manufacturing of granulated Sulphur. The works will be executed in the vicinity of the industrial complex of Ruwais about 250 kilometers west of Abu Dhabi city, United Arab Emirates. They focus on differentiated high-end applications in the Middle East and Asia Pacific with Borstar Enhanced Polyethylene produced in Abu Dhabi and the Borealis range of speciality products. Its shareholders are ADNOC, which owns 60% of the company, with Korea National Oil Corporation (KNOC) and GS Energy owning the remaining 40%. The employees around me were helpful and they gave lots of advices. The UAE has the seventh-largest proven oil reserves and the 12th largest oil company in the world in terms of production. The company works with the motive of making the UAE refining industry witness a proliferated growth, … Our flagship brand is Coroli – one of the market leaders in the edible oils space in the middle east. [61], ADNOC Distribution operates hundreds of service stations across the UAE, provides bunkering services at Mina Zayed port, aviation fuel services at most of the country's airports, and sells its own brand of lubricants throughout the Gulf region. [3] It is the world's 12th largest oil company by production,[4] producing 3.1 million barrels per day,[5][6] with plans to increase production capacity to 4 million bpd by the end of 2020. Samsung Engineering has won a US$2.47 billion project from the Abu Dhabi Oil Refining Company (TAKREER) to construct a carbon black and delayed coker (CBDC) plant The CBDC facility would produce 40,000 tonne of carbon black per year. Our refinery in Ruwais serves as the beating heart of the network, operating day and night to provide essential products to our customers worldwide. ADNOC Industrial Gas works very closely with ADNOC Gas Processing. Abu Dhabi Oil Refining Company (Takreer) Phone and Map of Address: Shaikh Khalifa Energy Complex, Khalifa Bin Zayed Street (Khalifa Street), Al Markaziya, Abu DhabiLandmark: Near Le Meridien Hotel, Abu Dhabi, Business Reviews, Consumer Complaints and Ratings for Oilfield Contractors & Services in Abu Dhabi. 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