ADNOC Gas has announced that it has taken a FID and awarded $5 billion in contracts for the first phase of its Rich Gas Development (RGD) Project, marking a key milestone in the company’s largest-ever capital investment.
The contracts involve expanding key processing units to increase throughput and improve operational efficiency across four ADNOC Gas Facilities:…
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…
Wood has been awarded a contract to deliver the detailed engineering design for ‘Package 5’ of ADNOC Offshore’s Lower Zakum Long-Term Development Phase 1 (LTDP1) project, located on Das Island in the United Arab Emirates (UAE). The contract was secured from Target Engineering Construction Company (Target Engineering), the appointed Engineering, Procurement and Construction (EPC)…
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…