Abu Dhabi, UAE — ADNOC Drilling Company announced Tuesday the award of a $1.15 billion, 15-year contract for two jack-up rigs by ADNOC Offshore in support of its growing offshore operations.
Abdulrahman Abdulla Al Seiari, ADNOC Drilling CEO, said, “This new contract is a clear vote of confidence in ADNOC Drilling’s technical leadership, operational excellence and long-term value creation. By integrating artificial intelligence (AI), automation and digitalization capabilities, the two new jack-up rigs, our newest and most advanced jack-up rigs, will ensure superior efficiency and performance for our client ADNOC Offshore.”
With 47 offshore rigs, one of the largest operational offshore fleets in the world, ADNOC Drilling is uniquely positioned to support the UAE’s long-term energy strategy. The scale of the Company’s offshore fleet ensures both reliability and flexibility, enabling the rapid deployment of rigs to meet growing demand while maintaining operational excellence and safety.
The new rigs represent the latest generation of jack-up rigs and have been expertly prepared for operations at the Lamprell shipyard in Sharjah. This is aligned with the Company’s fundamental commitment to not only deliver high-quality solutions but also drive In-Country Value and contribute to the UAE’s economic development by fostering local partnerships and prioritizing homegrown innovation.
The rigs will leverage advanced digitalization, real-time data analytics and AI as ADNOC Drilling continues to deploy the technology throughout its fleet to improve safety, efficiency and maximize asset value and operational uptime.
The rigs are expected to commence operations around the end of 2Q 2025, delivering revenue in the second half of 2025 onwards. This award further de-risks and reaffirms ADNOC Drilling’s current 2025 and medium-term guidance.
