Abu Dhabi International Petroleum Investment Company, one of the world's top 500 companies, was established in 1984, all assets are owned by the Abu Dhabi government, mainly engaged in the investment business in the energy sector outside the Emirate of Abu Dhabi, and is one of the well-known investors in the oil and gas field in Southeast Asia

Founded in 1984, the Abu Dhabi International Petroleum Investment Co. (IPIC) is owned by the Abu Dhabi government and is mainly engaged in investment in the energy sector outside the Emirate of Abu Dhabi, holding 10%-50% of the shares of some foreign companies.

The main investment projects of the International Petroleum Investment Corporation are:：

1. In 1999, it purchased 50% of the shares of South Korea's Hyundai Petroleum Refining Company, amounting to 500 million US dollars, and thus became one of the largest investors in the oil and gas field in Southeast Asia in the Middle East. In 2004, Hyundai Petroleum made a profit of $385 million for the first time since its inception in the 90s. This is IPIC's first investment in East Asia.

2. Hold 30% of the shares of Pakistan Bakarab Oil Refining Company. Located in the city of Mardan in northern Pakistan, the company is actually an oil refinery with a capacity of 100,000 barrels per day. In 2004, the profit was 70 million US dollars.

3. Hold 17% of the shares of Austrian OMV company. The company's profit in 2004 was 642 million euros. IPIC's stake in OMV is approximately $1.2 billion.

4. Together with OMV, it purchased 50% of the shares of Bul Yalis Petrochemical Raw Materials Company, and IPIC obtained 25% of the shares. Abu Dhabi National Oil Company (ADNOC) and BRUJ are the main producers of petrochemical raw materials in Abu Dhabi and one of the world's largest plastics producers.

5. Jointly hold 40% of the shares of the Arab-Pakistan Refining Company with OMV. The Arab-Pakistan Petroleum Refining Company is the largest supplier of petroleum products to Pakistan.

6. Hold 9.5% of the shares of Spanish Sebza. Sabsa is one of Europe's leading companies in the refining and marketing industry. Profit in 2004 amounted to 650 million euros.

7. In 2004, it cooperated with Oman Oil Company and Emirates National Petroleum Co., Ltd. to invest in the establishment of Gulf Energy Offshore Oil Transportation Company, which is headquartered in Dubai with a capital of 430 million US dollars, and IPIC holds 30% of its shares. At present, the company has 6 oil tankers, and the number will reach 16 in 2 years, making it one of the largest offshore oil and gas transportation companies.

8. In the first quarter of 2005, IPIC acquired 50% of the shares of Ajrulinz Melamine International Company. The company, which specializes in the production of melamine and other products, is headquartered in Austria and has a capital of around 100 million euros.

9. In the first quarter of 2005, IPIC also acquired a 20% stake in Oman Polypropylene Plastics Company. Headquartered in Oman with a capital of $20.6 million, the company will build a new plant near the Sohar refinery in Oman.

10. In 2007, IPIC acquired a 20.85% stake in Cosmo Oil, Japan's fourth largest oil refiner, for $780 million. The acquisition is based on the UAE's oil exports to Japan, which account for 40% of its total oil exports, and is one of the largest investments in the Japanese and oil segments of the UAE, greatly enhancing the influence and position of IPIC's investments in the oil sector in Asia and the Far East.

11. In 2007, IPIC signed a memorandum of understanding with the Pakistani government to invest in the construction of an oil refinery in Pakistan, with a designed output of 20,000 barrels per day. IPIC is undertaking an investment project in Africa, which will be announced in due course.

12. In the near future, IPIC plans to invest in laying 371 kilometers of oil pipelines from the Emirate of Abu Dhabi to the Emirate of Fujairah.

13. IPIC is studying cooperation with Oman Oil Company and China Gas Company (Hong Kong) in Oman.

From January 9 to 11, 2008, Mr. Mohmed Al Khaja, Manager of Research and Development Department of IPIC, was invited to participate in the first China-Arab Energy Cooperation Seminar organized by the National Development and Reform Commission (NDRC) on behalf of the UAE to conduct market research and explore cooperation opportunities.