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ZADCO |
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Under this directorate come four operating units: the onshore JV ADCO, the main offshore JV ADMA-OPCO, the offshore ZADCO, and National Drilling Co. Upper Zakum was developed by ADNOC in co-operation with Total, and the company investing in it was named ZADCO (see below). 595m b/d by 2008); offshore ADMA-OPCO (the third largest oil producer, with an output capacity of 470,000 b/d rising to 600,000 b/d), ZADCO (the second oil producer, with ExxonMobil taking a 28% stake and to raise its capacity from 550,000 b/d to 1. |
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