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UAE: ADNOC continues to drive upstream growth as it awards USD 658 million framework agreements

Adnoc awards $658m cementing services deals

Adnoc awards agreements worth Dhs2 4 billion to five companies

UAE: ADNOC awards USD1 94 billion framework agreements to enable drilling growth

ADNOC has announced framework agreement awards valued at $1.94 billion (AED 7.1 billion) to enable drilling growth. The awards build on ADNOC’s recent record investments in drilling-related equipment and services and support its strategy to boost crude oil production capacity to 5 million barrels per day by 2030 and drive gas self-sufficiency for the United Arab Emirates.

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