Adnoc News

 

ADNOC L&S Acquires Zakher Marine International. Adds 24 Jack-ups, 38 OSVs to Fleet

Nov 17, 2022

ADNOC Logistics & Services, the shipping and maritime logistics arm of Abu Dhabi National Oil Company (ADNOC) has completed the acquisition of Zakher Marine International (ZMI), adding 24 jack-up barges and 38 offshore support vessels to its fleet…

ADNOC Awards $4B Worth of Integrated Drilling Fluids Services

Nov 01, 2022

Abu Dhabi National Oil Company (ADNOC) on Tuesday announced the award of three framework agreements valued at $4 billion (AED14.68 billion) for integrated drilling fluids services (IDFS) to support the ongoing expansion of its 'lower cost and…

ADNOC Says Breaks World Record for Longest Oil and Gas Well Drilled

Oct 20, 2022

Abu Dhabi National Oil Company (ADNOC) said Thursday it had set a new world record for the longest oil and gas well, at its Upper Zakum offshore concession.'Stretching 50,000 feet [15240 meters], the well is around 800 feet [243.84 meters] longer…

ADNOC Drilling Wins $980M Contract to Hire Offshore Drilling Rigs

Oct 13, 2022

Abu Dhabi National Oil Company awarded a contract worth $980 million to ADNOC Drilling to hire two jack-up offshore rigs, the company said on Thursday. The award will support the expansion of ADNOC's production capacity as it responds to the…

ADNOC Drilling Bags $1.53B Offshore Drilling Contract

Oct 10, 2022

Abu Dhabi National Oil Company (ADNOC) has awarded a $1.53 billion (AED 5.62 billion) contract to ADNOC Drilling, to expand ADNOC’s offshore operations and its objective to increase oil and gas production.ADNOC offshore division ADNOC Offshore awarded the two-year contract…

ADNOC Drilling Buys Two Jack-up Rigs

Sep 26, 2022

ADNOC Drilling announced it has signed an agreement to acquire an additional two offshore jack-up drilling unit for a combined cost of $140 million.The two new rigs will join the ADNOC Drilling fleet and commence operations by the end of 2022…

ADNOC Eyes Higher Gas Output with $548M Lower Zakum Subsea Pipeline Deal

Sep 13, 2022

Abu Dhabi National Oil Company (ADNOC) earlier this month announced a $548 million contract to build a new main gas line at its Lower Zakum field offshore of Abu Dhabi. ADNOC said the award would increase Lower Zakum field’s gas production capacity…

ADNOC Awards $1.83B Drilling-related Services Deals

Aug 31, 2022

Abu Dhabi National Oil Company (ADNOC) on Wednesday announced the award of five framework agreements valued at $1.83 billion (AED6.72 billion) for Directional Drilling and Logging While Drilling (LWD).According to ADNOC, the deals are the largest…

ADNOC Drilling Buys Another Jack-up Rig, Expanding Fleet to 28 Units

Aug 25, 2022

Abu Dhabi-based ADNOC Drilling said Wednesday it had agreed to acquire a premium offshore jack-up drilling rig.The company said it had signed a sale and purchase agreement (“SPA”) with an unnamed counterpart to acquire an additional premium offshore jack-up drilling unit for $70 million…

ADNOC L&S Wins $1.17B Contract for 13 Jack-up Barges

Aug 12, 2022

Abu Dhabi National Oil Company (ADNOC) on Thursday awarded a $1.17 billion (AED4.3 billion) contract to  ADNOC Logistics & Services (ADNOC L&S) for the hire of 13 self-propelled jack-up barges.ADNOC said the jack-ups would help it drive offshore…

ADNOC Drilling Wins $3.4B in Jack-up Drilling Rig Contracts

Aug 08, 2022

Abu Dhabi National Oil Company (ADNOC) and its international partners have awarded two contracts totaling more than $3.4 billion (AED12.6 billion) to ADNOC Drilling to hire eight jack-up offshore rigs. 'The contracts, valued at $1.5 billion (AED 5…

ADNOC Fleet Rises to over 300 with ZMI Buy

Jul 28, 2022

The shipping and maritime logistics arm of Abu Dhabi National Oil Company (ADNOC) is acquiring Zakher Marine International (ZMI), adding 24 jack-up barges and 38 offshore support vessels to its fleet. ZMI is an Abu Dhabi-based owner and operator of offshore support vessels…

ADNOC Drilling Confirms $2 Billion in Contracts for Ghasha Mega Gas Project

Jul 27, 2022

ADNOC Drilling Company PJSC on Wednesday confirmed the award of contracts worth $2 billion to support the world’s largest offshore sour gas development, ADNOC’s Ghasha offshore mega gas project, offshore Abu Dhabi.The contracts are valued at $1…

ADNOC Drilling Buys Two Jack-up Rigs

May 30, 2022

UAE-based drilling contractor ADNOC Drilling said Monday it had signed a sale and purchase agreement to acquire two premium offshore jack-up drilling rigs.The two new drilling rigs, being acquired from Well Target Five Limited and Well Target Six Limited…

Petrofac Can Compete for ADNOC Contracts Again, As Year-long, Bribery-related Suspension Lifted

Mar 16, 2022

Oilfield services giant Petrofac said Wednesday that Abu Dhabi National Oil Company (ADNOC) had lifted the suspension of the company imposed in March 2021.Abu Dhabi-based oil and gas giant ADNOC had suspended oilfield services firm Petrofac…

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