Abu Dhabi National Oil Company (ADNOC) has announced the award of a contract worth $980 million (AED3.6 billion) to ADNOC Drilling to hire two jack-up offshore rigs and associated manpower and equipment.

The contract, awarded by ADNOC Offshore, will support the expansion of ADNOC’s production capacity as it responds to the growing global demand for lower carbon intensity oil and gas.

This comes three days after another ADNOC announcement that it had awarded ADNOC Drilling a contract worth $1.53 billion (AED5.62 billion) for a two-year contract that covered the provision of 12 jack-up rigs and two island rigs and the associated integrated drilling services.

source : https://www.arabianbusiness.com/