Industry News
ADNOC Drilling Wins $315m Kuwait Offshore Rig Contracts From Kuwait Oil Company
The Kuwait Petroleum Corporation's Higher Procurement Committee has approved the award of two offshore drilling rig contracts to UAE-listed ADNOC Drilling Company PJSC for Kuwait Oil Company. The contracts carry a combined maximum ceiling of approximately 96.55 million Kuwaiti dinars ($315 million). The award follows ADNOC Drilling submitting the lowest compliant bids meeting tender specifications.
