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
oilfield services
Latest in oilfield services
Arabian Drilling Company
Schlumberger-backed Arabian drilling planning Saudi IPO
Arabian Drilling may complete a deal on Riyadh’s stock exchange before the end of the year
Abu Dhabi National Oil Company
Adnoc Drilling completes first Umm Lulu offshore oilfield well
Milestone follows the successful completion of 14 onshore wells over the course of this year
Abu Dhabi economy
UAE’s Adnoc awards $3.6bn deals to support upstream growth
Abu Dhabi National Oil Company awards three contracts to help deliver a more profitable upstream business
Azzam Shalabi
Saudi’s Taqa plans to acquire two US oilfield services firms
Industrialization and Energy Services Company says it has allocated about $1.2bn for new investments and acquisitions over the next 3 years
acquisition
Saudi Taqa sees $1.2bn in America, Middle East oil deals
Saudi Arabia is trying to develop manufacturing, services and technology businesses to move beyond crude oil sales for most of its revenue
ADNOC
Bringing the shale revolution to the Middle East
Ahmed Kenawi, senior vice president of the MENA region for oil services giant Halliburton, shares the company’s plans to bring the shale revolution to the Middle East and the technology that will make that happen