Helmerich & Payne lines up for Adnoc Drilling stake
Helmerich & Payne (H&P) will buy into Adnoc Drilling’s upcoming IPO, with the Abu Dhabi company buying eight land rigs from the US company.
ADNOC Drilling
UAE oil producer ADNOC to list drilling unit in Abu Dhabi IPO
Abu Dhabi National Oil Co. (ADNOC) is planning to sell shares in its drilling unit in what would rank among the largest initial public offerings (IPO) in the United Arab Emirates.
Schlumberger and Halliburton win big as ADNOC dishes out $764million unified contract
ADNOC has dished out a unified drilling contract worth $763.7million, with Schlumberger and Halliburton landing sizeable shares.
Adnoc cancels Shelf Drilling rigs
Shelf Drilling has reported an early termination for two of its rigs, both of which were contracted to Adnoc Drilling.
ADNOC goes for gas
Innovation and new approaches are dominating ADNOC’s drive for new sources of gas.
Baker Hughes and the pace of change
Baker Hughes is shoring up its position in Abu Dhabi, opening a new wellhead repair and maintenance facility in the country last week, while talking up its various positions in the region.