ABU DHABI - Investments In France.ADNOC ADNOC Abu Dhabi National Oil Company has a special relationship with Total reflecting close ties between Abu Dhabi and France. ADIA ADIA Abu Dhabi Investment Authority ADIA Assistive Devices Industry Association (of Canada) has major investments in France, including stocks in many companies and real estate. France is Abu Dhabi's main arms supplier. In early 1987 ADIA bought shares in Total and built up the stake to reach 9.3% in 1988. Total is ADNOC's partner in several upstream and downstream ventures. Total's holdings include the following: 9.5% in Abu Dhabi Company for Onshore Oil Operations (ADCO ADCO Abu Dhabi Company for Onshore Oil Operations ADCO Alcohol and Drug Control Officer ADCO Air Defense Control Center ADCO Alcohol & Drug Control Office ADCO Air Defense Communications Office ADCO Air Defense Coordination Organization ), 13.3% in Abu Dhabi Marine Operating Co. (ADMA-OPCO), 5% in Abu Dhabi Gas Liquefaction liquefaction, change of a substance from the solid or the gaseous state to the liquid state. Since the different states of matter correspond to different amounts of energy of the molecules making up the substance, energy in the form of heat must either be supplied to Co. (ADGAS), 15% in Abu Dhabi Gas Industries Co. (GASCO GASCO National Gas & Ind. Co. (Saudi Arabia) ), 33.33% in Fertiliser Industries (Fertil), 33.3% in Bunduq Oil Co. (the offshore Al-Bunduq field is shared equally by Qatar and Abu Dhabi), and 24.5% in Dolphin Energy (DEL). It also holds 75% in Total Abu al-Bukhoosh Oil Co., with Inpex of Japan having 25%, which has an important oilfield and a huge Khuff reservoir of non-associated gas. |
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