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Adnoc Drilling's two new rigs arrive, total rigs count hits 142Adnoc Drilling’s two brand new jack-ups rigs have arrived in the UAE and will start operating by Q1 2025. This takes the company's fleet size to 142 rigs. Adnoc Drilling is among the largest rig fleet More… |
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Adnoc Drilling, SLB and Patterson-UTI close Turnwell JVAdnoc Drilling Company has announced the closing of the Turnwell Industries OPC (Turnwell) joint venture (JV) between Adnoc Drilling, SLB and Patterson-UTI TW Holdings LLC (Patterson-UTI). Turnwell will success More… |
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Adnoc Drilling's Q3 revenue tops $1bn, up 32pcAdnoc Drilling has reported record financial results for the third quarter and the first nine months of 2024. In the third quarter, Adnoc Drilling's revenue increased significantly to $1.026 billion, rising by 32 per cent year-on-year. More… |
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EFG Hermes completes sale of H&P stake in Adnoc DrillingEFG Hermes, a leading investment bank in the Middle East and North Africa, has completed an accelerated book build on behalf of Helmerich & Payne (H&P), involving the divestment of H&P's $197 million stake in Adnoc Drilling. More… |
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Adnoc Drilling sets up JV to boost unconventional energy sectorAdnoc Drilling Company today (September 30) announced the creation of a new joint venture with global technology group SLB and PattersonUTI as well as the acceleration of its 144 unconventional oil and gas well programme, following the success More… |
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Adnoc Drilling sets up JV to boost unconventional energy sectorAdnoc Drilling Company today (September 30) announced the creation of a new joint venture with global technology group SLB and PattersonUTI as well as the acceleration of its 144 unconventional oil and gas well programme, following the success More… |
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Adnoc Drilling sets up JV to boost unconventional energy sectorAdnoc Drilling Company today (September 30) announced the creation of a new joint venture with global technology group SLB and PattersonUTI as well as the acceleration of its 144 unconventional oil and gas well programme, following the success More… |
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Adnoc Drilling eyes $1.3bn net profit in FY 2024Adnoc Drilling, a key unit of Abu Dhabi National Oil Company (Adnoc) has achieved a net profit of about $570 million during the first half of 2024, while it is expected to record around $730 million in the second half, reported Wam. More… |
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Adnoc Drilling eyes $1.3bn net profit in FY 2024Adnoc Drilling, a key unit of Abu Dhabi National Oil Company (Adnoc) has achieved a net profit of about $570 million during the first half of 2024, while it is expected to record around $730 million in the second half, reported Wam. More… |
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Adnoc Drilling's Q2 revenue rises 29pc to $935 millionAdnoc Drilling’s second quarter and first half 2024 revenue increased to $935 million and more than $1.8 billion, up year-on-year by 29 per cent and 26 per cent respectively. This growth has been driven by the expansion of operations acr More… |
