Adnoc Drilling has won a $806 million contract from compatriot Adnoc Offshore for three island rigs required at the state giant’s Zakum project.

Abu Dhabi: Drilling has landed a fresh $806 million contract from ADNOC Offshore to deliver three new build artificial island rigs—its second such award in less than a year. The long-term deal ...

Mining equipment and services provider Sandvik Mining and Rock Technology has expanded its high-pressure down-the-hole (DTH) drill rig offering with the new Sandvik Leopard DI650i model. The ...

Well 7220/5-4 will be drilled by the COSL Prospector semisubmersible drilling rig in production license 532. Drilling will begin in June. Equinor is operator of the license with 46.3% interest.

When it comes to Q1-25, ADNOC Drilling did a lot right – revenue gains of 32% year-on-year to $1.17 billion, EBITDA up 22% and net profit of $341 million served up by a 24% increase.

The deadline for the submission of prequalification documents for the drilling services contract is 16.00 local time in Jakarta (08.00 GMT) on Friday 9 May.

Phase 1 follow-up drilling is designed on nominal 50-meter spaced step-outs with the objective of expanding the new discovery while concurrently gaining a better understanding on the zone's ...

ADNOC Drilling will host the earnings webcast and conference call, followed by a Q&A session, for investors and analysts on Thursday, May 8, 2025, at 16:00pm UAE time. The call will be hosted by ...

ADNOC Drilling has secured a major $806 million contract from ADNOC Offshore for three new-generation island rigs to support the expansion of the offshore Zakum development ...

North American drilling activity declined for the week, with 692 rotary rigs working in the US and Canada. Fewer oil-directed rigs drove the decline.

The Los Angeles County Board of Supervisors is calling for a series of reports to identify potential gaps in public safety related to oil drilling operations during a continued phase-out of such ...

Arabian Drilling Co. (ADC) extended today, May 5, long-term contracts for two onshore drilling rigs with Saudi Aramco. In a statement to Tadawul today, the company said the contract is valued at SAR 1 ...