Tag: ADNOC Drilling
ADNOC drilling proposes IPO of $10bn equity valuation
The UAE state-owned Abu Dhabi National Oil Company (ADNOC) has set a price for its drilling unit's initial public offering (IPO), giving it a...
UAE’s ADNOC plans to sell 7.5% of its drilling unit in...
Abu Dhabi National Oil Company (ADNOC) is planning to sell a 7.5 percent stake in ADNOC Drilling, which will be the UAE oil company's...
UAE’s ADNOC saves $200mn from drilling efficiencies
Abu Dhabi National Oil Company (ADNOC) has saved close to $200 million in cost from efficiencies through introducing integrated drilling services in 2018.
Mr. Yasser...
ADNOC saves $2bn in 5 years by adopting digital technologies
Abu Dhabi National Oil Company (ADNOC) reported that it has obtained cost savings of $2 billion (Dhs7.36 billion) over the last five years by...
