Abu Dhabi National Oil Co (ADNOC) announced on August 31 the award of five framework agreements valued at $1.83 billion for Directional Drilling and Logging While Drilling in line with the company’s goal to expand production capacity to meet the world’s growing demand for energy.

According to a company press release, these framework agreements are the “largest of such awards in the oil and gas industry,” which were awarded to five service giants including Al Ghaith Oilfield Supplies and Services Co, Al Mansoori Directional Drilling Services, Schlumberger, Halliburton and Weatherford.

source : https://www.oilandgasmiddleeast.com/