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ADNOC Drilling secures significant contract valued at USD735M
(MENAFN) ADNOC Drilling, a subsidiary of UAE's state oil company ADNOC, has been awarded a significant contract valued at AED 2.7 billion (USD735 million) to provide and operate three rigs in support of ADNOC's offshore expansion efforts in the Zakum offshore field. This announcement was made in a statement released on Wednesday.
Abdulrahman Al Sayari, CEO of ADNOC Drilling, expressed his satisfaction with the contract award, highlighting its strategic importance in advancing the company's growth trajectory. He emphasized the significance of deploying state-of-the-art rigs equipped with artificial intelligence (AI) technologies, marking a milestone in technological advancements within the drilling industry.
Al Sayari further underscored the collaboration with Honghua Group, a renowned specialist in rig design and construction. This partnership is expected to drive operational efficiencies, enhance safety standards, and deliver exceptional value to ADNOC Offshore, the operational arm of ADNOC responsible for offshore activities.
Taiba Abdul Rahim Al Hashemi, CEO of ADNOC Offshore, emphasized the pivotal role of ADNOC Drilling's expertise and advanced technological capabilities in meeting global energy demands sustainably. She highlighted the contract's role in fostering a long-term partnership aimed at leveraging AI technologies and innovations to boost energy production, mitigate environmental impacts, and deliver tangible benefits to stakeholders.
The contract underscores ADNOC's commitment to leveraging cutting-edge technologies and strategic partnerships to optimize operations, enhance productivity, and uphold its position as a leader in the global energy sector.
Abdulrahman Al Sayari, CEO of ADNOC Drilling, expressed his satisfaction with the contract award, highlighting its strategic importance in advancing the company's growth trajectory. He emphasized the significance of deploying state-of-the-art rigs equipped with artificial intelligence (AI) technologies, marking a milestone in technological advancements within the drilling industry.
Al Sayari further underscored the collaboration with Honghua Group, a renowned specialist in rig design and construction. This partnership is expected to drive operational efficiencies, enhance safety standards, and deliver exceptional value to ADNOC Offshore, the operational arm of ADNOC responsible for offshore activities.
Taiba Abdul Rahim Al Hashemi, CEO of ADNOC Offshore, emphasized the pivotal role of ADNOC Drilling's expertise and advanced technological capabilities in meeting global energy demands sustainably. She highlighted the contract's role in fostering a long-term partnership aimed at leveraging AI technologies and innovations to boost energy production, mitigate environmental impacts, and deliver tangible benefits to stakeholders.
The contract underscores ADNOC's commitment to leveraging cutting-edge technologies and strategic partnerships to optimize operations, enhance productivity, and uphold its position as a leader in the global energy sector.
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