"Value Through Energy Partnership"
The International Petroleum Investment Company, IPIC, was formed by the Abu Dhabi government in 1984, and tasked with an ambitious mandate to invest in the energy and related sectors across the globe.
The implementation of this mandate has resulted in stakes in more than 15 leading companies across the hydrocarbon value chain, including exploration and production, shipping and pipelines, downstream retail and marketing, petrochemicals, power and utilities as well as industrial services.
IPIC has adopted a flexible approach in terms of its preferred equity stake in investment companies. The current portfolio comprises ownership interests ranging from 4% to wholly-owned, depending on factors such as size, synergistic potential and investment opportunity.
IPIC does not generally participate in the day to day management of the companies in which it holds a stake. However, through active participation in their governing bodies, it helps set the strategic direction of its investee companies.
Over the last 27 years, IPIC has acquired extensive insights into the hydrocarbon industry, and the fundamentals of investing and portfolio management. IPIC leverages its experience to invest across the hydrocarbon value chain in order to enhance the overall performance of its portfolio.
The synergy within IPIC's portfolio and the mutually beneficial relationships with business partners around the world are essential to the success and growth of the company. For IPIC, these components are among its most valuable corporate assets.
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