ADCOP

(redirected from Abu Dhabi Crude Oil Pipeline)
AcronymDefinition
ADCOPAbu Dhabi Crude Oil Pipeline (United Arab Emirates)
ADCOPAcquisition & Distribution Of Commercial Products
ADCOPAssociate Degree Completion Program (US Navy)
ADCOPAir Defense Command Post
ADCOPArea Damage Control Party
References in periodicals archive ?
This transaction continues this strategy and follows on from several other recent value creation initiatives including ADNOCs debut capital markets transaction, the issuance of the Abu Dhabi Crude Oil Pipeline (ADCOP) bond, the IPO of ADNOC Distribution, the recent strategic equity and commercial partnerships between ADNOC Drilling and Baker Hughes as well as ADNOC Refining and Eni and OMV.
Adnoc's 60 per cent equity stake in Adnoc Oil Pipelines will be held through Adnoc Infrastructure LLC, a 100 per cent Adnoc-owned subsidiary, which also holds Adnoc's 100 per cent stake in Abu Dhabi Crude Oil Pipeline (Adcop).
He cited ADNOC's issuance of a $3 billion bond, backed by the Abu Dhabi Crude Oil Pipeline, and the partial listing of ADNOC Distribution, as examples of how ADNOC is taking a new, more dynamic approach to managing its assets and capital, adding that while ADNOC, as a holding company, would remain government owned, there will be a further co-investment opportunities, for those who recognise the mutual benefits in partnering with it.
Dr Al Jaber cited ADNOC's issuance of a $3 billion bond, backed by the Abu Dhabi Crude Oil Pipeline, and the partial listing of ADNOC Distribution, as examples of how ADNOC is taking a new, more dynamic approach to managing its assets and capital, adding that while ADNOC, as a holding company, would remain government owned, there will be a further co-investment opportunities, for those who recognize the mutual benefits in partnering with it.
London: Fitch Ratings has assigned Abu Dhabi Crude Oil Pipeline LLC (ADCOP) a Long-Term Issuer Default Rating (IDR) of 'AA'.
Back in late 2008, it won a contract worth 3.29 billion dollars in a partnership with UAE's state-run international petroleum investment company on the Abu Dhabi crude oil pipeline project, also known as the Habshan-Fujairah pipeline.
Notably in 2012, the Abu Dhabi Crude Oil Pipeline came on stream -- providing Abu Dhabi with an export outlet for crude from the Habshan field via Fujairah.
The Abu Dhabi Crude Oil Pipeline, known as Adcop, at Fujairah port.
The Abu Dhabi Crude Oil Pipeline, or Adcop, was built for the Abu Dhabi government investment firm International Petroleum Investment Co, or IPIC.
"The Abu Dhabi Crude oil Pipeline (Adcop) project, which is being implemented by Ipic, is now undergoing final commissioning and is expected to be handed over fully to Adnoc during Q1 2013," the companies say in the statement.
"In addition, the UAE is one of the few countries that allows the entry of foreign-affiliated oil companies to operate on the basis of concession agreements." It also underlined that part of the crude oil from Abu Dhabi can be loaded without using ship transport through the Strait of Hormuz, thanks to the commissioning of the Abu Dhabi Crude Oil Pipeline, saying it has increased strategic importance of oil from Abu Dhabi.
It is known as Abu Dhabi Crude Oil Pipeline, or Adcop, and is being built for the Abu Dhabi government investment firm International Petroleum Investment Co., or IPIC.
Full browser ?