ADNOC

Deal marks the first ADNOC partnership with Pakistani energy companies.

CEOs from some of the biggest oil and gas firms in the world kicked off SPE's Annual Technical Conference and Exhibition with a clear message on what the energy transition means to them and what's at stake.

ADIPEC 2021 will be the first major energy exhibition and conference taking place after COP26, where CEOs, government ministers from around the world, and energy experts will set out the future of the sector.

ADNOC will purchase eight FlexRigs while H&P invests in ADNOC Drilling’s planned public offering.

The contracts will cover concept and other project engineering services for at least the next 5 years.

The introduction of artificial intelligence (AI) cameras on marine vessels is planned to embrace a smarter automated analytic response and reporting culture, which, in turn, is expected to lead to increased safety oversight of critical offshore operations in areas that have been determined to have a lack of physical safety coverage.

With only around 30 installations worldwide, ADNOC’s onshore team has seen enough results from its first “fishbone” stimulation to embark on a 10-well program that will decide a full development scheme.

The UAE produced 4 million B/D this year and is looking to these newly discovered resources to reach 5 million B/D by 2030.

The Abu Dhabi National Oil Company announced that it has completed the first phase of its large-scale multiyear predictive maintenance project, which aims to maximize asset efficiency and integrity across its upstream and downstream operations.

The agreements place most of the LNG volumes through Q1 2022 and continue ADNOC’s expansion into new LNG export markets.