ADNOC Dishes Out $2B Deals
Abu Dhabi National Oil Company has announced the award of two 'substantial' contracts.
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Abu Dhabi National Oil Company has announced the award of two 'substantial' contracts.
ABU DHABI, 27th July, 2022 (WAM) -- Abu Dhabi National Oil Company (ADNOC) today announced the award of two substantial contracts totalling $2 billion (AED7.49 billion) to ADNOC Drilling for the Hail and Ghasha Development Project. The contracts comprise $1.3 billion (AED4.89 billion) for integrated drilling services and fluids and $711 million (AED2.6 billion) for providing four Island Drilling Units. A third contract, valued at $681 million (AED2.5 billion), was also awarded to ADNOC Logistics & Services for providing offshore logistics and marine support services....
Latest projects cover Hail and Shasha development projects for increased gas capacity
The contracts comprise $1.3 billion for integrated drilling services and fluids and $711 million for providing four Island Drilling Units
The contracts comprise $1.3 billion (Dhs4.89 billion) for integrated drilling services and fluids and $711 million (Dhs2.6 billion) for providing four Island Drilling Units.