ADNOC Offshore lets drilling contract for Upper Zakum field
ADNOC Offshore, a subsidiary of Abu Dhabi National Oil Co. (ADNOC), has let a 5-year integrated drilling services contract to ADNOC Drilling Co. PJSC for development of Upper Zakum field 84 km northwest of Abu Dhabi Islands.
The contract, valued at $412 million, will begin in second-quarter 2023.
Upper Zakum and Lower Zakum together contain about 50 billion bbl total oil in place. ADNOC plans to increase field capacity of Upper Zakum to 1 million b/d by 2024 through the UZ750 mega-project which includes construction of four artificial islands in shallow water. The islands can accommodate 450 wells, 90 platforms and drilling rigs, processing plants, and infrastructure.
ADNOC Offshore is operator at Upper Zakum (60%) with partners ExxonMobil Corp. (28%) and Japan Oil Developing Co (12 %).
Alex Procyk | Upstream Editor
Alex Procyk is Upstream Editor at Oil & Gas Journal. He has also served as a principal technical professional at Halliburton and as a completion engineer at ConocoPhillips. He holds a BS in chemistry (1987) from Kent State University and a PhD in chemistry (1992) from Carnegie Mellon University. He is a member of the Society of Petroleum Engineers (SPE).
