Abu Dhabi Marine Operating Company (Adma-Opco) and Zakum Development Company (Zadco) are to be integrated in a move that “will facilitate enhanced operations and provide strategic benefits for future growth,” the oil giant said on Tuesday.
Adma-Opco chief executive Yaser al-Mazrouei has been named as chief executive of the to-be-merged company, with a steering committee formed by Adnoc and its joint venture partners – ExxonMobil, Total, BP and Japan Oil Development Company (Jodco) – to oversee the integration.
The
