Abu Dhabi National Oil Co. (ADNOC) has awarded five framework agreements valued at $1.83 billion (AED6.72 billion) for directional drilling and logging while drilling.
Contracts were let to Al Ghaith Oilfield Supplies and Services Co., Al Mansoori Directional Drilling Services, Schlumberger Middle East SA, Haliburton Worldwide Ltd. Abu Dhabi, and Weatherford Bin Hamoodah Co. LLC, the company said in a release Aug. 31.
The awards cover ADNOC’s onshore and offshore fields and will run for 5 years with an option for a further 2 years.
The awards will support ADNOC’s requirement to drill thousands of new wells to expand its production capacity to 5 million b/d by 2030, enable gas self-sufficiency for the UAE, and remain a leading low-cost, low-carbon oil producer, the company said.
Since November 2021, ADNOC has awarded drilling agreements worth over $11 billion to contractors for wellheads and related components, downhole completion equipment and related services, liner hangers, cementing services, wireline logging and directional drilling.