Page 12 - MEOG Week 12 2022

MEOG TENDERS MEOG

ADNOC awards major

cementing contracts

UAE ABU Dhabi National Oil Co. (ADNOC) last from 4mn bpd to 4.2mn bpd since the expansion
week announced the award of framework deals programme began.
worth $658mn for cementing services to support In February, NESR was one of three com-
its ongoing oil production expansion effort. panies awarded five-year well testing contracts
Following a competitive tender, ADNOC worth $169mn by ADNOC’s onshore upstream
handed five-year contracts to Haliburton World- arm ADNOC Onshore.
wide Ltd, Baker Middle East, Emirates Western The deals signed to-date cover the mainte-
Oil Well Drilling & Maintenance Co., NESR nance and expansion of capabilities at the coun-
Energy Services and Emjel Oil Field Services. try’s on- and offshore oilfields.
Like other recent ADNOC awards, the deals Long-term deals have been signed with
include an option for a two-year extension. subsidiaries and local agents of Halliburton,
An ADNOC press release quoted upstream Schlumberger, TechnipFMC Weatherford as
executive director Yaser Saeed Almazrouei as well as with its own drilling arm ADNOC Drill-
saying: “The awards for cementing services will ing and BakerHughes, which holds a 5% share in
support the ongoing expansion of ADNOC’s the Emirati driller.
drilling activities as we grow our production ADNOC Drilling is the largest driller in the
capacity, strengthening our position as a reliable region and has a fleet of 107 rigs, 96 of which are
global supplier of some of the world’s most car- owned, and 11 rigs rented. These comprise 75
bon-efficient barrels.” onshore rigs, 20 offshore jack-up rigs, 11 island
The awards come amid a flurry of contract- rigs and a self-propelled barge.
ing activity by ADNOC, which has now signed In January, the local National Petroleum
drilling-related framework agreements and Construction Co. (NPCC) won a $946mn EPC
procurement deals worth more than $8.6bn to maintain production at the offshore Umm
since November last year as it seeks to raise oil Shaif oilfield at 275,000 bpd, with ADNOC Off-
production capacity to 5mn barrels per day by shore working to increase its contribution to the
2027. Capacity is understood to have increased national total to 2mn bpd.™

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