ADNOC Awards Weatherford $220 Mln Drilling Deal

Tuesday, September 24, 2019

Oilfield services provider Weatherford said it has signed a $220 million, three-year contract with the Abu Dhabi Company for Offshore Petroleum Operations Limited (ADNOC Offshore" to provide directional drilling services for the stated goal of increasing offshore production for ADNOC Offshore in the UAE. The agreement entails using the Weatherford Magnus rotary steerable system (RSS) in both re-entry wells and new wells.

"Magnus is demonstrating consistent reliability, a critical element of this contract award," said Tony Azizi, Vice President of the Arabian Sea Geozone for Weatherford. "Operations in some of the world's most challenging geophysical environments are proving Magnus' ability to deliver very accurate wellbore placement and wellbore quality, in conditions requiring vertical, lateral or curved directional drilling.  Magnus' independently controllable and addressable steering pads, in tandem with its unique modular design, allow for increased reliability, improved utilization, efficient turn-around time of idle assets and local repair, all of which will drive greater benefits for ADNOC Offshore."  

Using a push-the-bit design, Magnus addresses operators' need for speed without sacrificing directional control. Unique design elements, including a true inclination hold, make Magnus the best-in-market rotary steerable system for maximizing reservoir exposure and monetizing the value of the well.  

Azizi added, "This contract aligns with the ADNOC In-Country Value strategy and its commitment to engaging with, and supporting, the local private sector."

Categories: Middle East Drilling Workover Engineering.Contracts

Related Stories

PSA Probes Statfjord Leak

AWT, Blount, Chartwell Sign Offshore Vessel Deal

Providence Resources CEO Steps Down

Relieving the Pressure of Subsea P&A Activity

Northern Lights Partners Drill Wildcat for CO2 Storage

Bowleven Pushes Ahead With Etinde Despite Losses

Offshore Wind Finance Blows into Oil and Gas

Spike in Floater Orders, as Demands Ease

OMV Petrom Ready to Develop Black Sea Gas Field

Johan Sverdrup Producing Around 350,000 BPD

Current News

Petrobras Formally Approves AFGlobal ACD

Comment: In Romania, the Sun Also Rises

2G Robotics Unveils Micro Inspection Skid

SBM Optimizes FPSO N’Goma Project Loan

Providence Resources CEO Steps Down

First Steel Cut for Cambodia Apsara Platform

Saudi Aramco IPO Proceeds Rise to $29.4 Bln

Tullow Production Falls, CEO Resigns

Neodrill, InterMoor Partner

Subsea UK: New Board for 2020

Magazine

Offshore Engineer (Sep/Oct 2019)

This issue of Offshore Engineer is dedicated to Big Data and Digitalization

Archive
Subscribe

Subscribe for OE Digital E‑News

OE Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week