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    Adnoc Drilling secures $412m Integrated Drilling Services contract

    Adnoc Drilling secures $412m Integrated Drilling Services contract

    13 Apr 2023

    Adnoc Drilling Company  (Adnoc Drilling) on Thursday confirmed the award of a five-year contract for the provision of Integrated Drilling Services (IDS) totaling $412 million from Adnoc Offshore commencing in...

    Adnoc Drilling signs $252 million deal

    Adnoc Drilling signs $252 million deal

    02 Mar 2023

    Adnoc Drilling Company (Adnoc Drilling) on Thursday announced that it has signed an agreement to purchase ten newbuild hybrid power land drilling rigs (the rigs) for a total of $252...

    Adnoc Drilling reports $802m net profit, up 33% year-on-year

    Adnoc Drilling reports $802m net profit, up 33% year-on-year

    13 Feb 2023

    Adnoc Drilling Company today announced its financial results for the fourth quarter and full year ending 31st December 2022. It reported $802 million net profit for the twelve-month, up 33...

    Adnoc Drilling purchases three high-specification jack-up rigs

    Adnoc Drilling purchases three high-specification jack-up rigs

    21 Nov 2022

    Adnoc Drilling Company on Monday announced that it has signed an agreement to acquire an additional three brand new high-specification offshore jack-up drilling units (the “rigs”). The cost of the...

    Adnoc Drilling announces net profit growth of 24% during Jan-Sept 2022

    Adnoc Drilling announces net profit growth of 24% during Jan-Sept 2022

    14 Nov 2022

    Adnoc Drilling Company on Monday announced its financial results for the nine months and third quarter ended Sept.30, 2022. Adnoc Drilling’s net profit for the nine-month period grew significantly, by...

    Adnoc Drilling delivers new world record for longest well

    Adnoc Drilling delivers new world record for longest well

    20 Oct 2022

    Abu Dhabi National Oil Company (Adnoc) announced on Thursday that a new world record for the longest oil and gas well has been set at its Upper Zakum Concession. Stretching...

    Adnoc Drilling awarded contract to further unlock offshore resources

    Adnoc Drilling awarded contract to further unlock offshore resources

    13 Oct 2022

    Abu Dhabi National Oil Company (Adnoc) announced on Thursday the award of a contract worth $980 million (Dhs3.6 billion) to Adnoc Drilling to hire two jack-up offshore rigs and associated...

    Adnoc Drilling secures $1.53b contract to boost operations

    Adnoc Drilling secures $1.53b contract to boost operations

    10 Oct 2022

    Abu Dhabi National Oil Company (Adnoc) on Monday awarded a contract worth $1.53 billion (Dhs5.62 billion) to Adnoc Drilling. The award supports the expansion of Adnoc’s offshore operations and its...

    Adnoc Drilling to acquire two offshore jack-up drilling units

    Adnoc Drilling to acquire two offshore jack-up drilling units

    26 Sep 2022

    Adnoc Drilling Company announced it has signed a Sale and Purchase Agreement (SPA) to acquire two additional premium offshore jack-up drilling units. The two new rigs have a combined cost...

    MTC opens UAE’s 2nd production facility at Hamriyah Free Zone

    MTC opens UAE’s 2nd production facility at Hamriyah Free Zone

    25 Sep 2022

    Magnum Technology centre (MTC), a world leader in the design and manufacture of entire equipment packages for well testing and production, Managed Pressure Drilling and Under Balance Drilling services, has...

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