International Petroleum Investment Company
The International Petroleum Investment Company (IPIC) is the Abu Dhabi state enterprise which is responsible for all foreign investments in the oil and chemicals sector. It is supervised by the Supreme Petroleum Council of Abu Dhabi which oversees the United Arab Emirates' oil and gas operations and related industries.
IPIC is run by an independent Board of Directors under the chairmanship of Sheikh Mansour bin Zayed Al Nahyan.
Khadem Al-Qubaisi is managing director of IPIC and represents IPIC in the boards of :
- OMV as Vice-Chairman
- Borealis Vice-Chairman
- CEPSA as Board Member
- PARCO as Vice-Chairman
- Hyundai Oilbank Co as Chairman.