Obverse. Photo © NumisCorner.com
  • 1 Dirham 2012, KM# 102, United Arab Emirates, Khalifa, Oil Industry in the UAE, 40th Anniversary of Abu Dhabi's First Offshore Oil Shipment
  • 1 Dirham 2012, KM# 102, United Arab Emirates, Khalifa, Oil Industry in the UAE, 40th Anniversary of Abu Dhabi's First Offshore Oil Shipment
Description

ADMA-OPCO is a pioneering oil and gas exploration and production company with roots tracing back to the 1950s. Officially incorporated on July 3, 1977, it focuses on offshore operations in Abu Dhabi. The company's oil production primarily comes from the Umm Shaif and Zakum fields, with crude oil transferred to Das Island for processing, storage, and export. The first crude shipment from Umm Shaif was exported from Das Island in 1962, marking a significant milestone.

ADMA-OPCO is committed to sustainable development, operational excellence, and overcoming industry challenges. The company's structure enhances efficiency, health, safety, and environmental standards. Innovative technologies are employed to optimize resource utilization while prioritizing environmental conservation. ADMA-OPCO continues to expand its facilities, develop new fields, and improve production methods, maintaining a strong focus on human resources and social responsibility. ADNOC holds a 60% share in the company, with BP, Total, and JODCO sharing the remaining 40%. In 2012, the 50th anniversary of the first crude oil shipment from Abu Dhabi was celebrated, highlighting a pivotal moment in the UAE's history.

Sheikh Khalifa bin Zayed Al Nahyan (1948–2022), the UAE's second president and ruler of Abu Dhabi from November 2004 to May 2022, was the eldest son of the UAE's first president, Zayed bin Sultan Al Nahyan. He took on a significant role in the late 1990s due to his father's health issues and officially became Abu Dhabi's leader in 2004. His tenure saw cultural and academic growth, including the Louvre Abu Dhabi and Etihad Airways. Under his leadership, the UAE became a major economic power. Known for his pro-Western stance, he strengthened ties with the US and Israel.

Obverse

Depicts the denomination in Arabic surrounded by the country name in Arabic above and English below.

الامارات العربية المتحدة
١
درهمـ
UNITED ARAB EMIRATES

Reverse

Depicts the logo of the event (an offshore platform Adma Enterprise with 50, dates of establishment and issue above within a circle with a radiant sun at the top), the inscription of the event in Arabic and English below, and the name of the company (Abu Dhabi Marine Operating Company, ADMA) on both sides.

An oil platform (an oil rig, offshore platform, oil production platform, etc.) is a large structure with facilities to extract and process petroleum and natural gas in rock formations beneath the seabed.

50
1962-2012
ADMA أدما
ADMA ENTERPRISE
الذكرى الخمسون للشحنة الأولى من النفط
THE 50TH ANNIVERSARY OF THE FIRST SHIPMENT OF OIL

Edge

1 Dirham

Oil Industry in the UAE
40th Anniversary of Abu Dhabi's First Offshore Oil Shipment

Subscribe series
KM# 102
Characteristics
Type Commemorative Issue (Circulating)
Material Cupronickel
Weight 11.3 g
Diameter 28.5 mm
Thickness 2.3 mm
Shape round
Alignment Medal

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