Newsletter 
  INSCRIPTION Inscription | ESPACE ANNONCEURS Publicité | CONTACT Contact |PLAN DU SITE Plan


Europétrole, le portail de l'industrie du pétrole
 
 accueil | actualité française | actualité internationale | recherche | interviews | focus | actualité par entreprise | actualité pétrole/gaz de schiste 
Partager :

  • ADNOC Drilling Secures $412 Million Integrated Drilling Services Contract
    édité le 13/04/2023 - Plus de news de "ADNOC" - Voir la fiche entreprise de "ADNOC"


ADNOC Drilling Secures $412 Million Integrated Drilling Services Contract
   - The award continues the delivery of material growth in ADNOC Drilling’s Oilfield Services segment
   - The contract will enable the efficient delivery of completion services at Upper Zakum field and adds 20% to annual revenue compared with 2022
   - Awards to ADNOC Drilling for Oilfield Services, including IDS, stand at a total of $5.1 billion since January 1, 2022

ADNOC Drilling Company PJSC (“ADNOC Drilling” or ”the Company”) (ADX symbol: ADNOCDRILL / ISIN: AEA007301012) today confirmed the award of a five-year contract for the provision of Integrated Drilling Services (IDS) totaling $412 million from ADNOC Offshore commencing in the second quarter of 2023.

ADNOC Drilling will provide IDS for the development of the Upper Zakum field, the largest producing field in ADNOC’s offshore portfolio. The application of the services provided by ADNOC Drilling will add to the efficiency of production at the project, deliver significant cost savings, and contribute to ADNOC’s plans to responsibly accelerate production capacity growth as global demand for energy continues to increase

Abdulrahman Abdullah Al Seiari, Chief Executive Officer of ADNOC Drilling, commented: “We are very pleased to have been awarded this important contract, which will contribute to the effective development of the Upper Zakum field and enable ADNOC to realize accelerated production capacity targets to responsibly supply energy to a world which sees continuously rising demand.

This contract award further demonstrates the delivery of our strategic objective to expand our Oilfield Services (OFS) business as we continue to work towards our goal of further doubling OFS revenues by 2025. This contract, alone, will add some 20% to our annual revenue compared with 2022. Our comprehensive market-leading drilling and completion services offering improves operational performance and efficiency, delivering considerable cost savings and reductions in well delivery times for our customers.”

As a market leader in the region, ADNOC Drilling is committed to expanding its comprehensive suite of services in the OFS division to enable the efficient and competitive delivery of start-to-finish drilling and well completion, for the benefit of its customers. In 2022, ADNOC Drilling had 40 operational IDS rigs, with OFS revenue reaching $405 million, an increase of 23% on the previous year. The Company has guided the market to expect the segment to generate $500 - $550 million in revenue in 2023.

Previous IDS contract awards in 2022 include a $1.3 billion award for the Ghasha Mega-project, $1.6 billion award for integrated drilling fluid services and a $777 million award for wireline and perforation services.

About ADNOC

ADNOC is a leading diversified energy and petrochemicals group wholly owned by the Emirate of Abu Dhabi. ADNOC’s objective is to maximize the value of the Emirate’s vast hydrocarbon reserves through responsible and sustainable exploration and production to support the United Arab Emirates’ economic growth and diversification.


Origine : Communiqué ADNOC

Voir la fiche entreprise de "ADNOC"



Les dernières news de "ADNOC"



Toutes les news de "ADNOC"
 
 
Emploi-Pétrole
 
Rechercher une news



française internationale








 
Les dernières news internationales


>> Toute l'actualité internationale     >> RSS
 



Europétrole © 2003 - 2024