Al Jurf and Dana jack-up rigs (Credit: ADNOC Drilling)Abu Dhabi’s offshore drilling contractor ADNOC Drilling has boosted its offshore drilling rig feet with the arrival of two new high-specification jack-up rigs.The new jack-up rigs, Al Jurf and Dana…
BP and XRG, ADNOC’s international energy investment company, have established new regional gas platform, Arcius Energy, to initially focus on development of gas assets in Egypt.Announced in February 2024, Arcius Energy is 51% owned by BP and 49% by XRG…
Seatrium has delivered its fifth newbuild jack-up rig Var to Borr Drilling, nearly one year ahead of schedule.The successful delivery of Var marks the completion of the latest series of five B Class jack-up rigs that Seatrium has built for Borr Drilling…
Energy and finance leaders at ADIPEC urge joint efforts to mobilize capital for emerging economies.The new Finance & Investment Conference at ADIPEC 2024 concluded today with a renewed call for accessible and affordable capital for a fair energy transition…
Enersol, a joint venture between ADNOC Drilling and Alpha Dhabi Holdings, has signed an agreement to acquire a U.S.-based oilfield services company Deep Well Services (DWS) for approximately $223 million, including performance-based payments…
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