ADNOC Drilling has secured a brand new contract value as much as $800m from ADNOC Onshore to offer built-in hydraulic fracturing providers for typical and tight reservoirs, the corporate introduced immediately.
The five-year settlement, set to start in Q3 2025, marks a major milestone in ADNOC Drilling’s ongoing transformation into a totally built-in, technology-enabled power providers supplier.
The challenge will deploy superior tools, synthetic intelligence (AI), and real-time analytics to ship environment friendly, secure, and sustainable fracturing options throughout a number of property in Abu Dhabi.
ADNOC Drilling UAE oil enhance
The scope of labor contains multistage hydraulic fracturing design, execution, and analysis; use of proprietary fracturing simulation software program to optimise manufacturing; clever fluid methods that adapt in actual time to reservoir situations and automatic pumping and mixing methods to scale back environmental impression and improve security
Fracturing providers are essential for enhancing circulation charges in oil and fuel reservoirs by growing permeability and unlocking beforehand hard-to-reach hydrocarbons—an vital step in supporting the UAE’s long-term power technique.
Abdulla Ateya Al Messabi, ADNOC Drilling CEO, stated, “This vital contract is a robust endorsement of ADNOC Drilling’s increasing capabilities and our trusted partnership with ADNOC Onshore.
“It displays our capacity to ship high-impact, technologically superior fracturing providers that may assist unlock the UAE’s power potential.
“As we proceed our transformation, we’re proud to assist the nation’s strategic power targets and reinforce our place as a frontrunner in built-in drilling and completion options.”
That is the drilling big’s fifth main contract in simply over two months. Different latest awards embody:
- A $1.63bn contract for Built-in Drilling Companies (IDS)
- A $806m contract for 3 island rigs
- A $1.15bn 15-year contract for 2 jack-up rigs
- A $400m acquisition backlog throughout Oman and Kuwait
The brand new award helps 2025 and 2026 income steerage, with potential upside from 2027 onward.
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