The company has acquired new premium offshore jack-up rigs to meet ADNOC’s plan to raise and sustain production capacity
ADNOC Drilling
ADNOC awards contracts worth $4 billion for integrated drilling fluids services
The awards are the largest of its kind in the industry and were awarded to ADNOC Drilling, SLB, and Halliburton
ADNOC sets world record for drilling longest well
Stretching 50,000 feet, the well is around 800 feet longer than the previous world record set in 2017
ADNOC Drilling awarded nearly $1 billion contract to ramp up offshore production
This award brings the total value of awards from ADNOC Offshore to ADNOC Drilling in 2022 to $5.95 billion
ADNOC Drilling secures $1.53 billion contract to expand offshore production
The two-year contract awarded by ADNOC Offshore covers the provision of rigs and associated integrated drilling services
ADNOC Drilling buys $70 million offshore jack-up rig for drilling fleet expansion
The purchase marks the fourth premium offshore jack-up rig the company has bought in less than three months
ADNOC Drilling wins $2bn contracts for mega development project
Overall, more than 80% of the value of the awards will flow back into the UAE’s economy under Adnoc’s successful In-Country Value programme
ADNOC Drilling acquires 2 new premium offshore rigs
The two new drilling units are being acquired from Well Target Five Limited and Well Target Six Limited , and will enter ADNOC Drilling’s fleet in Q3 2022