ADNOC Drilling wins $2B offshore jack-up rig contracts

ADNOC Drilling was awarded five 10-year contracts totaling approximately $2 billion to charter high-specification jack-up rigs for ADNOC Offshore's drilling operations across five fields. The rigs will commence activity progressively from end of 2023.

“Long-term contracts like these are the backbone of our business model, providing a clear line of sight on future earnings.”gccbusinessnews.com

• 1 source
• gccbusinessnews.comADNOC Drilling wins $2bn worth offshore jack-up contracts - GCC Business NewsShilpa Annie JosephJun 26, 2023

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