The project is being executed by CPPEC’s subsidiaries in the Middle East and Beijing, and construction is expected to last more than four years. In addition, Adnoc in May 2023 extended a ...

United Arab Emirates-based Adnoc Drilling, which operates one of the largest operational rig fleets in the world, is eyeing a wider presence in key Middle East markets, further expanding its rig ...

ADNOC Drilling was ADNOC’s first fully-owned subsidiary. In October 2021, the company became a publicly-traded company on ADX after its $1.1 billion IPO. The company owns 99 rigs, making it one of the ...

which was recently formed by ADNOC Drilling. Patterson-UTI projects that Schlumberger Middle East SA will also hold a minority equity interest in Turnwell, which won a $1.7 billion contract to ...