ADNOC Drilling Secures $1.63 Billion Offshore Contract for Integrated Drilling Services

Key Highlights:

• Contract Value & Duration: $1.63 billion, five-year contract awarded by ADNOC Offshore to ADNOC Drilling.
• Services Included: Directional drilling, drilling fluids, cementing, wireline logging, tubular running, and advanced technical support for offshore wells.
• Strategic Importance: Strengthens ADNOC Drilling’s position as a leading IDS provider in the region. Highlights operational excellence and strong business fundamentals. Supports ADNOC Drilling’s 2025 and 2026 financial guidance.
• Leadership Comments: CEO Abdulrahman Al Seiari emphasized the deal as a validation of ADNOC Drilling’s strategy and service excellence. DNOC Offshore CEO Tayba Al Hashemi underscored the value and efficiency the partnership brings.
• Innovation & AI Focus: ADNOC Drilling is leveraging AI and advanced technologies to optimize performance. Enersol, its joint venture, plays a key role in building a scalable AI-powered energy ecosystem.
• Business Resilience: The contract enhances revenue stability, diversifies income sources, and boosts long-term growth.

ADNOC Drilling has secured a major $1.63 billion contract from ADNOC Offshore for the delivery of Integrated Drilling Services (IDS) over five years. This award solidifies ADNOC Drilling’s leadership in the UAE’s energy sector and marks a pivotal step in expanding its offshore operations and advanced service portfolio.

The contract covers a comprehensive suite of services including directional drilling, cementing, wireline logging, and more. It also includes technical support for complex offshore wells, further showcasing ADNOC Drilling’s advanced engineering capabilities.

CEO Abdulrahman Al Seiari hailed the award as a testament to the company’s growth strategy and operational excellence. ADNOC Offshore’s CEO Tayba Al Hashemi highlighted the value and efficiency the contract will deliver.

A core part of ADNOC Drilling’s growth is its IDS business, which enhances fleet utilization and diversifies revenue streams. The company is also advancing rapidly in the AI space through its joint venture Enersol, aiming to revolutionize energy services with cutting-edge technology.

This milestone not only demonstrates ADNOC Drilling’s resilience and innovation but also underpins its financial guidance for 2025–2026, strengthening its role as a key enabler of the UAE’s sustainable energy future.