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The International Petroleum Investment Company (IPIC) is an investment company established by the government of the Emirate of Abu Dhabi pursuant to an Emiri Decree in 1984.IPIC's mandate is to invest globally in energy and energy-related industries.The Government owns 100 per cent. of IPIC and appoints all the members of its board of directors.IPIC is a long-term strategic investor and it currently holds more than 15 investments in over 10 countries and on five different continents