ADNOC Drilling Company PJSC has announced that the award of a $1.15 billion, 15-year contract for two jack-up rigs by ADNOC Offshore in support of its growing offshore operations. The contract will follow existing agreements, bringing accretive rates that generate long-term revenue and attractive returns..
Abdulrahman Abdulla Al Seiari, ADNOC Drilling CEO, said: “This new contract…
ADNOC Drilling Company has announced that it has received a letter of award for a $1.63 billion, five-year contract for Integrated Drilling Services (IDS) from ADNOC Offshore. This landmark award reinforces ADNOC Drilling’s unique position within ADNOC Group and as the region’s leading provider of advanced, integrated energy services, reflects the strength of its strategy…
SLB announced an agreement to create Turnwell Industries LLC OPC (Turnwell) a joint venture (JV) with ADNOC Drilling Company, SLB and Patterson-UTI. The JV will allow the three companies to leverage leading innovations in AI, smart drilling design, completions engineering and production solutions.
The JV will focus on the acceleration of UAE’s unconventional oil and gas…