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6 FAQs about [Adnoc drilling rig fleet supplier in austria]
Who is ADNOC Drilling?
ADNOC Drilling is the oldest subsidiary of ADNOC and its exclusive provider of drilling rig hire services. Headquartered in Abu Dhabi, United Arab Emirates, ADNOC Drilling is the largest national drilling company by the Middle East by rig fleet size.
How much is ADNOC Drilling worth?
ADNOC Launches Major Rig Fleet... First phase of expansion includes the acquisition of four UAE-made rigs, bringing the total value of ADNOC Drilling’s rigs manufactured in the UAE to over AED 7 billion ($1.9 billion) ADNOC Drilling plans to acquire dozens of rigs by 2025 to support ADNOC’s oil production capacity target of 5 million bpd by 2030
What does ADNOC's rig fleet expansion mean for Abu Dhabi?
Abdulmunim Saif Al Kindy, ADNOC Upstream Executive Director and Chairman of the Board of Directors of ADNOC Drilling, said: “ADNOC Drilling’s rig fleet expansion underscores ADNOC’s drive to unlock and maximize value from Abu Dhabi’s vast hydrocarbon resources and will further improve drilling and well-completion efficiencies.
What does ADNOC Drilling's rig expansion mean for the Middle East?
“This major rig expansion program cements ADNOC Drilling’s position as the largest drilling company in the Middle East and the region’s first fully Integrated Drilling Services (IDS) company and will support ADNOC’s target to achieve a crude oil production capacity of 5 million barrels per day by 2030.”
How many rigs does ADNOC Drilling have?
Since listing on the Abu Dhabi Securities Exchange in October 2021, Adnoc Drilling has expanded its fleet from 96 to 104 owned rigs, on 31st March, 2022.
Why is ADNOC Drilling expanding its fleet?
Adnoc Drilling’s fast-tracked fleet expansion programme keeps the company firmly on its growth trajectory as it enables Adnoc’s ambitious targets to deliver 5 million bpd production capacity and realise gas self-sufficiency for the UAE, while increasing the potential for greater shareholder returns.


