ADNOC Drilling wins $313.6m Kuwait work for two jack-up rigs

· Energy · United Arab Emirates · Kuwait

ADNOC Drilling has secured contracts worth $313.6 million to deploy two jack-up rigs in Kuwait, marking the first time the company's offshore rigs will operate outside the UAE. The award extends the Abu Dhabi-based driller's footprint into the Gulf's established offshore services market and adds contracted backlog. The item does not name the client or the duration of the work. The move matters for the regional offshore drilling market, where national oil companies' service arms are increasingly competing for work beyond their home markets.

Why it matters：National oil company service arms expanding across borders intensifies competition in Gulf offshore drilling and signals where Middle East upstream spending is heading.

Key points

  • The contracts are valued at $313.6 million.
  • Two jack-up rigs will work in Kuwait.
  • It is ADNOC Drilling's first offshore rig work outside the UAE.

Sources (original reporting)

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