The Abu Dhabi Company for Onshore Petroleum Operations Ltd. (ADCO) operates onshore and in shallow coastal water of the Emirate of Abu Dhabi, one of the seven members of the United Arab Emirates which was established on 2nd December 1971.
The original concession agreement was made with Petroleum Development (Trucial Coast) Ltd. On 11th January 1939, but geological work did not begin until after the Second World War. Exploratory drilling began in Abu Dhabi in February 1950.
The First commercial oil discovery was made at Bab in 1960, and exports began from the Jebel Dhanna terminal on 14th December 1963. In 1962, the Company was renamed the Abu Dhabi Petroleum Company, ADPC. On 1st January 1973, the Government of Abu Dhabi acquired a 25% interest, which was increased to 60% as from 1st January 1974. The Government interest is held by the Abu Dhabi National Oil Company, ADNOC. ADCO was incorporated under Law No. 14 for 1978, on 8th October 1978 & has been responsible, since February 1979, for operations in the concession area, which after relinquishments, now covers more than 21,000 square kilometers.
The Company exports from two major terminals: Jebel Dhanna and Fujairah, and produces mainly from eleven oil fields:
our Vision & mission
ADCO will continue to be the leading oil and gas company contributing to the nation’s sustainable economic growth.
To meet our aspirations, we will implement best practices, invest in talent and innovative technologies, enhance profitability and remain resilient in a dynamic environment.
We are a resilient and dynamic company – thinking strategically and moving swiftly to evolve with the changing market.
From our business model to our operational processes, we constantly look to discover and pioneer new ways to address current and future challenges.
We leverage our expertise, knowledge and insights to optimize performance and use of resources.
Every decision we make as a company is through the lens of maximizing commercial value and profitability.
We work in synergy with our group of companies and international partners to ensure our competitive advantage as a leading energy supplier.
Through an integrated, holistic and HSE-focused operating model, our people, products and services are always dependable.
Bring the energy:
Unwavering passion, energy and enthusiasm defines our character and is reflected in how we work.
Embrace team work:
Collaborative work is critical to our success and founded on the understanding that together we achieve more than we can alone.
We thrive on innovating new solutions, seizing opportunities and raising standards across everything we do.
We are driven to deliver and willing to do what it takes to ensure meeting our targets and reaching our aspirations.
We endeavor to achieve our best everyday and to never settle for anything less than the very best from ourselves, our people and our company.
We are committed to conduct our business with the highest levels of honesty and integrity. In order to ensure that we maintain and improve on the quality and integrity of our activities, it is important that we provide employees and others with various methods to express concerns.
We encourage our employees, contractors, vendors, consultants, shareholders and other stakeholders to communicate directly and honestly about compliance issues or any other ethical concerns.
- Continuously achieve the highest standards in HSE performance.
- Develop technical capability and leadership competency to manage an ever increasingly complex business.
- Efficiently evaluate, determine and execute optimum reservoir development and management strategies to maximize recovery.while minimising cost. Efficiently evaluate, determine and execute optimum reservoir development and management strategies to maximize recovery while minimising cost.
- Adopt technologies and strategies that enable the most efficient field development and operation.
- Ensure the integrity of our facilities and maximise system availability.