International Petroleum Investment Co.    



PO Box 7528

Abu Dhabi,

United Arab Emirates

971 02 6336555

971 02 6330111

Company description

Mining: IPIC has been established to invest in the hydrocarbons and related sectors outside of Abu Dhabi. Areas of investment includes: petrochemicals, oil and gas pipelines, the oil services sector, hydrocarbons shipping sector, hydrocarbon-based power sector; and other hydrocarbon-intensive process industries including nitrogenous fertilizers and aluminium smelting

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News and information about International Petroleum Investment Co.

Oman - the Duqm Industrial Hub
APS Review Downstream Trends; February 5, 2018; 486 words 2019 (to cost $6bn) and a giant $9bn petrochemical complex in a JV of the Abu Dhabi state's International Petroleum Investment Co. (IPIC) and state-owned Oman Oil Co. (OOC). The latter will have a 1.1m t/y mixed-feedstock...
Egypt - Part 3 - Oil Imports Over-Take Exports as Consumption Exceeds Output
APS Review Oil Market Trends; January 15, 2018; 700+ words
...near Alexandria at the Mediterranean end. SUMED is a JV of EGPC (50%), Saudi Aramco (15%), International Petroleum Investment Co. of Abu Dhabi (15%), three Kuwaiti companies (15%) and Qatar Petroleum (5%). The canal is...
Malaysia : BNM Acquires Govt. Land for Global Islamic Finance University
Mena Report; January 5, 2018; 349 words
...wholly-owned subsidiary 1Malaysia Development Bhd (1MDB) had just paid some US$600 million to International Petroleum Investment Co PJSC (IPIC) pursuant to a settlement deed with MoF Inc and IPIC. On Dec 27, 2017, 1MDB said all...
Malaysia,United Arab Emirates : 1MDB Fully Pays Abu Dhabi's IPIC
Mena Report; December 28, 2017; 379 words 1Malaysia Development Bhd (1MDB) has made the balance payment due by year-end to Abu Dhabis International Petroleum Investment Co PJSC (IPIC). IPIC said, Further to the announcement of Aug 30, 2017, IPIC has now received all...
Malaysia,United Arab Emirates : Deal to Resolve Legal Dispute over 1MDB Reached
Mena Report; April 27, 2017; 401 words
...and the production of the 2013 film "The Wolf of Wall Street". Last year, the Abu Dhabi-based International Petroleum Investment Co. alleged 1MDB defaulted on over $1.1 billion in debt it owed to the sovereign wealth fund and its...
Kuwait Signs Duqm Refinery Complex Deal with Oman
Oil & Gas News; April 24, 2017; 700+ words
...into one of the world's major economic centres.In 2009, government-owned OOC and Abu Dhabi state International Petroleum Investment Co (Ipic) agreed to look into the feasibility of building an oil refinery at Duqm. After completing...
Mubadala Investment Company to Begin Operations in May
CPI Financial; February 19, 2017; 680 words
...structure and senior management team. Mubadala Investment Co, a merger between Mubadala Development Co and International Petroleum Investment Co will have combined total assets worth $125 billion, making it the 14th largest state-owned investment...
Downstream Expansion
Oil & Gas News; January 30, 2017; 700+ words
...looking together with our partners such as Borealis.' Austria's Borealis, in which Abu Dhabi's International Petroleum Investment Co is a 64 per cent shareholder, partners Adnoc in the Ruwais-based Bourouge joint venture, which operates...

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Industry information

NAICS codes 
North American Industry Classification System (NAICS) codes are used to classify businesses for the purpose of collecting statistical data related to the U.S. economy. NAICS codes have been assigned to international companies to help organize all companies by type of activity.  

Primary: 213111 - Drilling Oil and Gas Wells

213112 - Support Activities for Oil and Gas Operations

325311 - Nitrogenous Fertilizer Manufacturing

331492 - Secondary Smelting, Refining, and Alloying of Nonferrous Metal (except Copper and Aluminum)

483111 - Deep Sea Freight Transportation

486910 - Pipeline Transportation of Refined Petroleum Products

551112 - Offices of Other Holding Companies


SIC codes 
Standard Industrial Classification (SIC) codes classify establishments by their primary type of activity. SIC codes are a U.S. Census Bureau system but can apply to international companies.  

Primary: 1381 - Drilling Oil and Gas Wells industry report

1382 - Oil and Gas Field Exploration Services industry report

1389 - Oil and Gas Field Services, NEC industry report

2873 - Nitrogenous Fertilizers industry report

3341 - Secondary Smelting and Refining of Nonferrous Metals industry report

4412 - Deep Sea Foreign Transportation of Freight industry report

4613 - Refined Petroleum Pipelines industry report

6719 - Offices of Holding Companies, NEC industry report