ADNOC Drilling has almost doubled its offshore jack-up rig fleet to 32 since early 2021
adnoc news
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ADNOC signs $272 million catering agreements
ADNOC signed contracts today worth over $272 million (AED 1 billion) with four Abu Dhabi companies to provide food catering services to all ADNOC Group companies for the next five years. The contracts were signed on the sidelines of the inaugural Abu Dhabi International Food Exhibition. More than 50% of the value from the four […]
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Mubadala’s head of investments to join ADNOC’s low carbon business
ADNOC’s new unit will focus on low carbon solutions, including the company’s renewable energy and hydrogen portfolios
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More EPC projects on the horizon as UAE expands oil production capacity
ADNOC has allocated a budget of $150 billion on capital expenditure in the next five years to achieve this target
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ADNOC to set up gas subsidiary; approves $150 billion budget
Abu Dhabi’s state-owned energy giant ADNOC has approved a $150 billion budget for the next five years as the company prepares to set up its gas subsidiary and list its shares on the Abu Dhabi Securities Exchange (ADX) next year. The new gas processing and marketing company will be called ADNOC Gas, and will begin […]
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ADNOC Drilling signs $320 million deal amid ‘ambitious growth’ plans
The company has acquired new premium offshore jack-up rigs to meet ADNOC’s plan to raise and sustain production capacity