ADNOC Drilling Secures $1.63 Billion Offshore Contract to Boost Energy Services

Abu Dhabi – April 17, 2025 — ADNOC Drilling has secured a major $1.63 billion contract from ADNOC Offshore for integrated drilling services (IDS), marking a significant step in strengthening the UAE’s offshore energy operations.

The five-year agreement will support the delivery of complex, extended-reach, and maximum-reservoir contact wells. As part of the contract, ADNOC Drilling will provide a full suite of IDS services including directional drilling, drilling fluids, cementing, wireline logging, and tubular running.

Tayba Al Hashemi, CEO of ADNOC Offshore, emphasized the importance of the deal:
“This contract provides us with continued access to ADNOC Drilling’s high-performing capabilities and market-leading services. It will enable us to deliver wells more efficiently while creating long-term value for ADNOC and the UAE.”

Abdulrahman Abdulla Al Seiari, CEO of ADNOC Drilling, expressed confidence in the agreement, noting that it validates ADNOC Offshore’s trust in their expanding oilfield services capabilities.
“This is a strong endorsement of our IDS offering, which continues to deliver superior value, efficiency, and innovation,” he said.

The contract award is part of ADNOC Drilling’s broader strategy to diversify its services, increase fleet utilization, and accelerate growth in its oilfield services division. The deal has already been factored into the company’s financial guidance for 2025 and 2026.

ADNOC Drilling is also leading digital transformation in the energy sector through its AI-powered joint venture, Enersol, which is focused on creating a scalable technology ecosystem across the drilling value chain.

This latest contract further strengthens ADNOC Drilling’s position as a key player in supporting the UAE’s vision for a sustainable and efficient energy future.

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