Tags : Alaina Ramsay

Deal & transactions Oil & Gas United Arab Emirates

Adnoc Drilling lands $1.53B contract for Adnoc’s offshore expansion

Abu Dhabi National Oil Company (“ADNOC”) has awarded a contract worth USD1.53 billion (AED5.62 billion) to Adnoc Drilling to support the expansion of Adnoc’s offshore operations and crude oil production capacity to five million barrels per day by 2030 and gas self-sufficiency for the UAE.  The award supports Adnoc’s objective to responsibly increase production capacity […]