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Sun, 08 Nov 2009 | 06:44 GMT

International Petroleum Investment Company  
Also known as: IPIC
 
Profile
 
Officers
 
News
 
Research
 
 
 
Company Updated: Jan 12, 2009
 
Country
Ownership Type
Company Type
 
 
 
UAE
Joint Stock
 
 
 
 
 
 Zawya Industry Classifications (ZIC)  
  
Sector Industry
Oil and Gas
Investment Companies - Oil and Gas  
 
 
Principal Activities
Investment arm of Abu Dhabi Government in oil related projects.
Date of Establishment
1984
No of Employees
85 (As of Jan 05, 2009)
 Key Officers
HH Sheikh Mansour Bin Zayed Al Nahyan
Chairman
Khadem Abdullah Al Qubaisi
Director and Managing Director
More Officers 
 
 Contact Details
Address:
Al Muhairi Centre, Office Tower
10th Floor
Sheikh Zayed Road
P.O. Box 7528
Abu Dhabi
United Arab Emirates
 
Tel:
+971 2-633-6555
 
Fax:
+971 2-633-0111
 
Email:
support@ipic.ae
 
Website:
www.ipic.ae
 
Related Links:
www.cepsa.com
www.parco.com.pk
www.omv.com
www.oilbank.co.kr
www.omv.at
www.agrolinz.com
www.cosmo-oil.co.jp
www.manferrostaal.com
www.oilsearch.com
www.edp.pt

 
  Latest Headline
ABB signs deal for Abu Dhabi crude pipeline - Gulf News
 
  Privatization Details
Subscription
Period:
2009
Size of Offering:
$544.57M to $816.85M
Equity Offering:
20%
» View Full Details
 

 Major Shareholders
This Requires Subscription
 Available to subscribers only. Information in this section includes Shareholder Names and their corresponding Holding Percentages. » More Details
 
  Organization Structure and Related Entities 
Subsidiaries/Associates/Affiliates
 
Name  Country  Holding
Aabar Investments UAE 71.23%
Hyundai Oilbank Company South Korea 70.00%
MAN Ferrostaal Germany 70.00%
Borealis Austria 64.00%
Abu Dhabi National Chemicals Company UAE 40.00%
Compania Espanola de Petroleos [Cepsa] Spain 37.50%
Gulf Energy Maritime UAE 30.00%
Pak Arab Refinery [PARCO] Pakistan 30.00%
Cosmo Oil Company Japan 20.08%
Oman Polypropylene Oman 20.00%
Investments
 
Name  Country  Holding
OMV Aktiengesellschaft Austria 19.20%
Oil Search Papua New Guinea 17.60%
Arab Petroleum Pipelines Company Egypt 15.00%
Barclays United Kingdom 5.00%
Energias de Portugal [EDP] Portugal 2.00%
Nova Chemicals Corporation Canada -
Funds
 
Name  Country  Holding
Falah Investment Fund Kazakhstan 50.00%
MENA Associated Gas and Global Environment Fund [AGEF] Region-wide -
Developments and Projects
 
Name  Country  Holding
Abu Dhabi Crude Oil Pipeline Project UAE -
Khalifa Coastal Refinery Project Pakistan -
 
 
  Representatives
Auditors
 
Ernst and Young
 
Banks
Abu Dhabi Commercial Bank
First Gulf Bank
National Bank of Abu Dhabi
Law Firms
Hadef Al Dhahiri and Associates
Shearman and Sterling
 
 Summary Financials
This Requires Subscription
 Available to subscribers only. Information in this section includes key financials data such as Total Revenues, Net Profits, Totals Assets, Shareholder Equity, etc. » More Details
 
Company information provided by © 2009 ABQ Zawya Ltd.
 
 
    
 
 
 
 
 

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