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About International Petroleum Investment Company
International Petroleum Investment Company (IPIC), formed by the Abu Dhabi government in 1984 to invest in the energy and related sectors across the globe.Today it manages a portfolio of investments in more than 18 leading companies across the hydrocarbon value chain, including exploration and production, shipping and pipelines, downstream retail and marketing, petrochemicals, power and utilities as well as industrial services. The company was created by The Late HH Sheikh Zayed Bin Sultan Al-Nahyan, founder and first President of the United Arab Emirates, to advance his vision of using Abu Dhabi’s natural petroleum wealth to build a modern, diversified economy for the benefit of future generations.
- Origin : Abu Dhabi, United Arab Emirates
- Assets : US$58.04 billion
- Revenue : US$35.8 billion
- Employees : 81,760
Official Website: www.ipic.ae
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Updated on 15th August 2016
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