Adnoc Drilling has signed a sale and purchase agreement to buy two more premium jack-up rigs, for $140 million.
Petrofac (LON: PFC) has been awarded a two-year field maintenance services contract extension with ADNOC.
German Chancellor Olaf Scholz has signed agreements on securing new energy supplies during a visit to United Arab Emirates President Sheikh Mohamed bin Zayed.
Adnoc and Eni have held high-level talks on accelerating development at the Ghasha sour gas project, in a bid to increase global supply.
Adnoc has dished out five framework agreements for directional drilling and logging while drilling (LWD), worth $1.83 billion.
Adnoc Drilling has bought its fourth jack-up rig this year, bringing its total to 28, one of the largest such fleets in the world.
Adnoc has awarded a $1.17 billion contract to its Adnoc Logistics & Services (L&S) unit to provide 13 self-propelled jack-up barges.
Abu Dhabi state energy firm Taqa toasted a 54% surge in profits for the first half of 2022 amid an oil and gas price windfall.
ADNOC Drilling has been awarded $2bn contracts for the Hail and Ghasha “mega-project” in the United Arab Emirates (UAE).
Adnoc and TotalEnergies have signed a deal to work together, while France and the United Arab Emirates have also made high-level commitments.
Extracting oil from the ground is a massive logistical undertaking. It requires an army of workers, vehicles and equipment to even get started, let alone produce sustainably and profitably.
Petrofac (LON: PFC) has said it is in position to benefit from a “multi-year upcycle” ahead for the oil and gas industry, but headwinds continue to hit its E&C division.
Taqa and ADNOC have struck a $1.9 billion deal to acquire controlling stakes in Abu Dhabi’s clean energy firm Masdar.
ADNOC has awarded a $173 million EPC contract to unlock further production at the Asab oilfield.
ADNOC has hailed a “tartan” energy revolution in Aberdeen while seeking supply chain partners for a $5bn opportunity in Abu Dhabi.
Adnoc has strengthened its low-carbon ties with Japan, signing deals on blue hydrogen and ammonia, during a three-day visit.
ADNOC, the UAE’s largest energy firm, has acquired a 25% stake in the BP H2Teesside project.
Adnoc has made a new 500 million barrel discovery at Bu Hasa, offering an expansion of Murban crude production.
Adnoc and Borealis have set out plans to hold an IPO for Borouge on the Abu Dhabi Securities Exchange.
United Arab Emirates ruler Sheikh Khalifa bin Zayed Al Nahyan has died triggering 40 days of official mourning.
National Energy Services Reunited Corp. (NESR) has won a contract in Saudi Arabia for drilling services worth $300 million.
Germany has struck agreements with Adnoc on securing low-carbon test ammonia cargoes, which will play a key part in the European state’s energy transition.
Adnoc has awarded contracts worth $658 million under framework agreements to secure cementing services.
Petrofac is back in Adnoc’s good books, the contractor has said, allowing it to participate once more in tenders.
Norway’s Scatec has signed a memorandum of understanding (MoU) for a green hydrogen and ammonia plant in Egypt.