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Description of GASCO
Abu Dhabi Gas Industries Ltd. (GASCO) was born in 1978, in the heart of the United Arab Emirates – its capital Abu Dhabi – as an answer to the vision of the late Sheik Zayed bin Sultan Al Nayhan who believed in the sound utilization of the Emirate’s significant gas resources. The incorporation and establishment of GASCO as a joint venture between the Abu Dhabi National Oil Company (ADNOC), Shell, Total, and Partex, and the integration of ATHEER (a wholly owned ADNOC Company) in 2001, supported GASCO in realizing the vision to be one of the most innovative, respected and caring companies in the gas and hydrocarbon industry. GASCO’s commitment in meeting the expectations of its various stakeholders – shareholders, employees and community, regulatory bodies and non governmental bodies, was recently recognized through the renewal of the Joint Venture Agreement originally signed in 1978. The new Agreement, which is now set to run until September 30, 2028, will allow GASCO to hold the distinction of being one of the major players in the global gas and hydrocarbons market, conducting onshore gas processing and the transportation of gas and liquid products, contributing to the GDP of the UAE in a sustainable and responsible manner.
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