UAE’s ADNOC Drilling secures $980 mln contract to hire offshore rigs

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DUBAI — Abu Dhabi National Oil Company awarded a contract worth $980 million to ADNOC Drilling to hire two jack-up offshore rigs, the company said on Thursday.

The award will support the expansion of ADNOC’s production capacity as it responds to the growing global demand for lower carbon-intensity oil and gas, the company added. (Reporting by Maha El Dahan; Writing by Lina Najem; Editing by Christian Schmollinger)