Over 80% of the value of the awards will flow back into the UAE’s economy under Adnoc’s In-Country Value programme.
Abu Dhabi National Oil Company (Adnoc) announced on Thursday two contracts totalling more than $3.4 billion (Dhs12.6 billion) have been awarded to Adnoc Drilling to hire 8 jack-up offshore rigs. The contracts, valued at $1.5 billion (Dhs5.6 billion)…