Abu Dhabi National Oil Company awarded five framework agreements worth $1.83 billion to boost drilling activities in the emirate's fields as the company focuses on expanding production capacity to meet growing global energy demand. Al Ghaith Oilfield Supply and Services, Al Mansoori Directional Drilling Services, Schlumberger Middle East, Haliburton Worldwide Limited Abu Dhabi and Weatherford Bin Hamoodah won awards in a competitive tender process. The award covers Adnoc's onshore and offshore fields for five years, with an option to extend for a further two years.

Yaser Almazrouei, Adnoc Upstream Executive Director, said: "As Adnoc responds to growing global energy demand, we are responsibly ramping up drilling activities to further unlock Abu Dhabi's oil and gas resources, which are the world's carbon source. One of the least intense countries. These awards build on our continued investment in drilling services, and they will deliver significant domestic value to the country to support economic growth and diversification.

During the period of the agreement, more than 75% of the reward value may flow back into the UAE economy under Adnoc's domestic value scheme, the company said. Directional drilling and logging while drilling require the control of wellbore orientation and deflection while drilling to access oil and gas resources and to measure formation properties to increase production. Adnoc is optimizing its sourcing methods to reflect market dynamics, focusing on long-term contracts with the best number of suppliers, providing stable and reliable deliveries at very competitive prices.

Since November 2021, it has awarded drilling agreements worth more than $11 billion to contractors for wellheads and related components, downhole completions and related services, liner hangers, cementing services, wireline logging and directional drilling . The award of the framework agreement will support Adnoc's requirement to drill thousands of new wells, expand its production capacity to 5 million barrels per day by 2030, achieve the UAE's gas self-sufficiency and maintain the leadership of the leading low-cost, low-carbon oil producer. status. The awards will also save hundreds of millions of dollars in costs. Keywords: engineering news, overseas news

Adnoc awarded two contracts worth more than $3.4 billion to its drilling unit to boost offshore production capacity. It also signed a $1.17 billion contract with its logistics and services arm to boost production. In July, Adnoc announced a second gas discovery in 2022 in the first exploration well of the Block 2 exploration concession offshore Abu Dhabi, operated by Eni. Adnoc said at the time that 1 trillion to 1.5 trillion standard cubic feet of pristine natural gas had been discovered from a new, deeper reservoir, nearly double the volume of the discovered field.Editor/XingWentao