The Abu Dhabi National Oil Company (ADNOC) (1) (Abu Dhabi, Law No. 7, 1971)
Abu Dhabi Law no. (7) 1971 establishing the Abu Dhabi National Oil Company (ADNOC) (1)
USD $58.00
Law No. 7 of 1971 establishes the Abu Dhabi National Oil Company — ADNOC — the state oil company of the emirate and today one of the largest energy producers in the world. This founding statute defines the company legal personality, its objects across the oil and gas value chain, and its relationship to the government of Abu Dhabi. This entry covers the first part of the text as catalogued on this site.
The law is a standard reference for energy lawyers working on ADNOC concessions and joint ventures, for counterparties conducting capacity and authority diligence on ADNOC group entities, and for researchers on Gulf national oil companies, where the 1971 law marks the starting point of Abu Dhabi state participation in its own petroleum industry.