The ‘walking’ rigs, designed along with China’s Honghua Group, will incorporate industry-leading technology and automation
ADNOC Offshore
ADNOC L&S secures $975mn EPC contract to construct artificial island
EPC logistics business unit is new for the company that recently concluded record-breaking listing on ADX
ADNOC Drilling secures new contract worth $412m
Since the beginning of 2022, total awards to ADNOC Drilling for Oilfield Services reach a total of $5.1 billion
ADNOC Drilling to acquire two offshore jack-up drilling units for $200 million
The latest rig purchase adds to earlier deals for a total of nine rigs signed in 2022 and four rigs acquired in 2021
ADNOC Drilling goes above guidance with new $1.6 billion contract
It covers ADNOC’s onshore and offshore fields and will see an additional $750 million above guidance added to Oil Field Services (OFS) revenue over the next five years
ADNOC drills the world’s longest oil and gas well stretching 50,000 feet
The well at Upper Zakum Concession is 800 feet longer than the previous record held by Russia’s Rosneft at the controversial Sakhalin-1 project in the Sea of Okhotsk
ADNOC Drilling secures $980 million contract in a week
Contract worth $980 million to hire two jack-up rigs will boost ADNOC Offshore’s capacity amid growing demand for lower carbon intensity oil and gas
ADNOC awards $1.53 billion contract to ADNOC Drilling for expansion of offshore operations
The two-year contract covers the provision of 12 jack-up rigs and two island rigs and the associated integrated drilling services
ADNOC Drilling expands its record fleet of offshore jack-up rigs to 32
The ADX-listed company now has the largest fleet of offshore jack-up rigs after signing Sale and Purchase Agreement for two more for $140 million
Abu Dhabi’s NPCC bags $548 million ADNOC contract to build new main gas line
The award will support the state-owned oil company’s plans to enable gas self-sufficiency for the UAE and cater to increasing global energy demand
ADNOC signs $1.17 billion deal with its logistics unit to boost offshore capacity
The contract was awarded by ADNOC Offshore to ADNOC Logistics & Services (ADNOC L&S) and will hire 13 self-propelled jack-up barges
ADNOC awards deals worth $658 million, creating jobs and spurring local manufacturing opportunities
More than 65 percent of the award value could flow back into the UAE economy, under ADNOC’s in-country value programme over the duration of the agreements
ADNOC awards contracts as it looks to boost production capacity
ADNOC has invested $763.7m (AED2.8 billion) in integrated rigless services across six of its artificial islands in the Upper Zakum and Satah Al Razboot (SARB) fields