Adnoc awarded five framework agreements for Directional Drilling and Logging While Drilling (LWD) worth $1.83bn on 31 August. The awards bring the total value of drilling awards since July to $5.68bn as the Abu Dhabi state energy giant steps up its major upstream expansion projects.
The awards cover Adnoc’s onshore and offshore fields and are for a five-year period, with an option to extend for a further two years. Contracts were awarded to Al Ghaith Oilfield Supplies and Services Company, Al Mansoori Directional Drilling Services, Schlumberger, Halliburton and Weatherford after a competitive tender process. (CONTINUED - 622 WORDS)