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Energy and Power

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Mega-deals totalling more than $3.4 billion are won by ADNOC Drilling

Published On 13 Aug 2022 03:23 PM


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ADNOC Offshore of the UAE has given ADNOC Drilling two contracts for more than $3.4 billion (AED 12.6 billion) to increase offshore drilling operations and hire eight jack-up rigs to increase production capacity.

These contracts are worth a combined $1.5 billion (AED 5.6 billion) and $1.9 billion (AED 7 billion), according to the enormous Abu Dhabi National Oil Company (ADNOC) of the United Arab Emirates. By 2030, these agreements wi....


Tags : ADNOC Drilling, United Arab Emirates, crude oil, Mega-deals,
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