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Adnoc Drilling lands USD 1.15 bn offshore rig contract
Both rigs are scheduled to begin operations toward the end of 2Q 2025
ADNOC Drilling COO MacDonald steps down
No successor has been named yet
Earnings updates keep coming
Adnoc Drilling | Emaar | Dana Gas | Union Properties | Aramex | Dubai Taxi | Presight | RAK Properties
Adnoc Drilling snatches up USD 806 mn long-term contracts for three newbuild island rigs
The addition will up Adnoc Drilling’s total fleet to over 151 rigs by 2028
Drill, baby, drill…
The firm will deliver extended reach and maximum offshore reservoir wells
THIS MORNING: Tabreed eyes USD 2 bn NCD issuance as it looks to refinance debt + Arab states push alternative Gaza plan with potential USD 20 bn in funding
Plus: New littering fines in Abu Dhabi
Adnoc Drilling looks to raise USD 1 bn to refinance debt, drive expansion
The company has USD 750 mn in debt due in 4Q 2025
A sea of earnings
Adnoc Drilling, Modon Holding, Talabat and many more report 2024 earnings
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