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2026-11-10T06:32:04.960Z

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ADNOC wins Kuwait rigs

ADNOC wins Kuwait rigs

“ADNOC Drilling” has won two contracts from Kuwait Oil Company to supply jack-up offshore drilling rigs, with a maximum combined value of $313.6 million. The contracts mark the UAE company’s entry into Kuwait’s offshore drilling market and the first deployment of its offshore rigs outside the UAE. They run for four years and are expected to begin in the fourth quarter of 2027, with an option to extend them by one year that is not included in the announced value.

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