ADNOC lets $1.53 billion contract to support offshore operations expansion
Oct. 11, 2022
ADNOC let a contract valued at $1.53 billion to ADNOC Drilling to support the expansion of operations offshore Abu Dhabi and increase production capacity.
Abu Dhabi National Oil Co. (ADNOC) let a contract valued at $1.53 billion to ADNOC Drilling to support the expansion of ADNOC’s operations offshore Abu Dhabi and increase production capacity.
ADNOC Offshore awarded the 2-year contract which covers the provision of 12 jack up rigs and two island rigs and the associated integrated drilling services, the operator said in a release Oct. 10. The award helps support the expansion of ADNOC’s crude oil production capacity to 5 million b/d by 2030 and gas self-sufficiency for the UAE, the operator said in the release.
