ADNOC Drilling has obtained a contract for the hiring of two jack up offshore rigs and related labour and equipment for AED3.6 billion to assist ADNOC’s offshore operations.
ADNOC Drilling is the largest national drilling company in the Middle East by rig fleet size, which spans 105 owned rigs, including 28 offshore jack-up units.
Yaser SaeedAlmazrouei, ADNOC Upstream Executive Director said: “This award for the hire of jack up rigs supports our ongoing efforts to responsibly unlock our lower carbon intensity oil and gas
resources, alongside our strategic international partners, and contribute to global energy security.”
This award brings the total value of awards from ADNOC Offshore to ADNOC Drilling in 2022 to 21.84 billion dirhams to maximize value from Abu Dhabi’s offshore oil and gas resources.
On October 10, ADNOC Offshore awarded a contract worth $1.53 billion to ADNOC Drilling. The two-year contract, covers the provision of 12 jack-up rigs and two island rigs and the associated Integrated Drilling Services (IDS), the state oil company said in a statement.
According to the statement, the grant would help ADNOC increase its capacity for producing crude oil to five million barrels per day (mmbpd) by 2030 and ensure UAE gas self-sufficiency.