Fifth major and accretive contract in just over 2 months totaling up to US$ 4.8bn
ADNOC Drilling Company recently announced the award of a contract valued at up to US$ 800mn by ADNOC Onshore for the provision of integrated hydraulic fracturing services for conventional and tight reservoirs.
The five-year agreement is set to commence in Q3-2025, marking another significant milestone in ADNOC Drilling’s evolution as a fully integrated technology-enabled energy services company.
This award further reinforces ADNOC Drilling’s leadership in high-tech oilfield services, combining next-generation equipment, artificial intelligence (AI) and real-time intelligence to deliver smarter, safer and more sustainable energy outcomes.
“This significant contract is a powerful endorsement of ADNOC Drilling’s expanding capabilities and our trusted partnership with ADNOC Onshore,” remarked Abdulla Ateya Al Messabi, CEO, ADNOC Drilling.
Strategic goal
The contract’s scope of work supports ADNOC’s strategic goal to accelerate the development of conventional and tight reservoirs across the UAE and includes the design, execution and evaluation of multistage hydraulic fracturing treatments, which will be deployed across a wide range of assets in Abu Dhabi.
ADNOC Drilling will deploy advanced technologies throughout the project to maximize efficiency and performance. Proprietary fracturing simulation software will be used to optimize every stage of the operation, increasing flow rates and overall hydrocarbon recovery.
This marks the fifth contract in just over two months, including a US$ 1.63bn five-year contract for Integrated Drilling Services (IDS), a US$ 806mn contract for three island rigs and a US$ 1.15bn 15-year contract for two jack-up rigs.
