ADNOC Drilling Company PJSC and Alpha Dhabi Holding PJSC have agreed to establish a strategic investment joint venture, planning to invest up to $1.5 billion in technology-enabled companies in the oilfield services (OFS) and energy sectors. This partnership brings together a leading drilling and OFS expert with a major UAE conglomerate. Joint Venture Ownership and […]
ADNOC Drilling Company PJSC has secured five contracts for a total value of approximately $2 billion to support the growing drilling operations of ADNOC Offshore. These long-term contracts, reflecting the robust offshore jack-up market’s higher day rates, will be instrumental in drilling operations across five fields in ADNOC’s offshore portfolio. The contracts, set to bolster […]
