{"id":40,"date":"2023-02-23T11:25:34","date_gmt":"2023-02-23T11:25:34","guid":{"rendered":"https:\/\/metalfabme.com\/blog\/?p=40"},"modified":"2023-02-23T11:25:34","modified_gmt":"2023-02-23T11:25:34","slug":"adnoc-drilling-reports-record-profits-10-billion-contracts-in-2022","status":"publish","type":"post","link":"https:\/\/metalfabme.com\/blog\/adnoc-drilling-reports-record-profits-10-billion-contracts-in-2022\/","title":{"rendered":"ADNOC Drilling reports record profits, $10 billion contracts in 2022"},"content":{"rendered":"<p>ADNOC Drilling Co today reported record breaking net profits totaling $802 million, up 33% year-on-year. Additionally, the company secured over $10 billion of contract backlog during the period, ADNOC Drilling\u2019s CEO Abdulrahman Abdulla Al Seiari noted.<\/p>\n<p>The company also achieved record revenue during the fourth quarter of 2022, while its fleet expansion program delivered the highest-ever number of operational rigs \u2013 advancing growth and further expansion in 2023 and beyond. The company\u2019s accelerated rig acquisition program added 16 new drilling units in 2022, establishing one of the world\u2019s largest drilling and well completion fleets consisting of 115 rigs.<\/p>\n<p>Source : <a href=\"https:\/\/www.oilandgasmiddleeast.com\/news\/adnoc-drillings-reports-record-profits-10-billion-contracts\">https:\/\/www.oilandgasmiddleeast.com\/<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>ADNOC Drilling Co today reported record breaking net profits totaling $802 million, up 33% year-on-year. Additionally, the company secured over $10 billion of contract backlog during the period, ADNOC Drilling\u2019s&#8230; <\/p>\n","protected":false},"author":1,"featured_media":41,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-40","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>ADNOC Drilling reports record profits, $10 billion contracts in 2022 - Blog Insights on Engineering and Industry Trends - Metalfab<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/metalfabme.com\/blog\/adnoc-drilling-reports-record-profits-10-billion-contracts-in-2022\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"ADNOC Drilling reports record profits, $10 billion contracts in 2022 - Blog Insights on Engineering and Industry Trends - Metalfab\" \/>\n<meta property=\"og:description\" content=\"ADNOC Drilling Co today reported record breaking net profits totaling $802 million, up 33% year-on-year. 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