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Reading: Boost Fracturing Services in UAE Oilfields with Adnoc Drilling’s $800 million deal
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alt="Boost Fracturing Services in UAE Oilfields with Adnoc Drilling's $800 million deal"
The Arabian News > Economics > Boost Fracturing Services in UAE Oilfields with Adnoc Drilling’s $800 million deal
Economics

Boost Fracturing Services in UAE Oilfields with Adnoc Drilling’s $800 million deal

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Adnoc Drilling has secured a major $800 million contract to enhance fracturing services across the UAE’s onshore oilfields, marking a significant step in strengthening the country’s energy production capabilities. This deal is the fifth major award in just two months, pushing the company’s total contract wins to a staggering $4.8 billion during this period.

The new agreement aims to accelerate hydraulic fracturing operations, a key component in boosting oil recovery rates and maximizing output from existing reservoirs. Adnoc Drilling’s growing portfolio reflects the UAE’s strategic focus on energy self-sufficiency and sustainable growth within the hydrocarbon sector.

In a statement, the company emphasized that the deal aligns with its broader expansion goals and commitment to integrated drilling services. It also supports Adnoc’s 2030 strategy to meet future energy demand while delivering greater in-country value.

With this most recent contract, Adnoc Drilling further solidifies its position as a regional leader in well-completion and drilling services, assisting the United Arab Emirates in preserving its standing as a major player in the world energy market.

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