Adnoc Offshore this week announced that it had awarded two sets of contracts worth $2.5bn to the Adnoc Drilling venture (Adnoc 84%, Baker Hughes 5%, and 11% listed). The awards mean that since August, Adnoc Offshore alone has awarded the firm $5.98bn worth of contracts.

On 10 October, Adnoc Offshore announced a $1.53bn award covering the provision of 12 jack-up rigs and two island rigs and the associated Integrated Drilling Services (IDS). This was followed on 13 October by a $980mn contract to hire two jack-up offshore rigs and associated manpower and equipment. (CONTINUED - 87 WORDS)