ADNOC signs $1billion deals with Wood, Worley, Fluor and more

ADNOC has signed $1billion worth of engineering deals with eight companies including Wood, Flour and Worley, as part of its production boost drive.

The Abu Dhabi-headquartered operator has signed deals AMEC International, which is part of Wood, McDermott, Fluor, Mott MacDonald, SNC Lavalin, Technip Energies and a joint venture between Technicas Reunidas and NPCC.

It comes as ADNOC seeks to push its daily production to five million barrels of oil per day by 2030, which would top the peak of the UK