ADNOC awards Dhs4.3bn contract to hire jack-up barges to boost offshore operations

Abu Dhabi National Oil Company (ADNOC) has awarded ADNOC Logistics & Services (ADNOC L&S) a $1.17bn (Dhs4.3bn) contract for the hire of 13 self-propelled jack-up barges. The barges will help drive offshore operational efficiencies and support the expansion of its crude oil production capacity to five million barrels per day (mmbpd) by 2030.

The 13 self-propelled jack-up barges are multi-purpose assets that enable rig-less operations and maintenance with single-point responsibility provided by ADNOC L&S, enabling enhanced efficiencies.

The barges, which will be deployed across ADNOC’s offshore fields, are equipped to support a wide scope of operations, including project work, maintenance and accommodation.

Ahmad Saqer Al Suwaidi, ADNOC Offshore CEO, said, “This significant award to ADNOC Logistics & Services will help deliver our production capacity expansion offshore and directly support ADNOC’s strategic growth objective of 5 million barrels of daily oil production capacity by 2030.

Captain Abdulkareem Al Masabi, ADNOC Logistics & Services CEO, said, “These vessels represent an important opportunity for growth and diversification for ADNOC L&S and will be a critical enabler of ADNOC Offshore’s growth.”

The self-propelled jack-up barges will be hired along with manpower and equipment. The barges will be utilised for rig-less well intervention and pre- and post-drilling operations, and topside maintenance and integrity restoration activities at our offshore assets.

The award underpins the continued investment and development at ADNOC Offshore and ensures the responsible acceleration of growth and greater value for the UAE, ADNOC, and its strategic partners.

Over 80 percent of the award value will flow back into the UAE’s economy under ADNOC’s In-Country Value programme.

In recent news, ADNOC announced that two contracts totalling more than $3.4bn (Dhs12.6bn) were awarded to ADNOC Drilling to hire eight jack-up offshore rigs. ADNOC Drilling’s high-tech rig fleet will enable ADNOC and its strategic international partners to further unlock Abu Dhabi’s offshore oil and gas resources

Read: Contracts worth over Dhs12.6bn awarded to ADNOC Drilling to expand offshore drilling activities

In other developments, ADNOC L&S announced that it is acquiring Zakher Marine International (ZMI), an Abu Dhabi-based owner and operator of offshore support vessels, with the world’s largest fleet of self-propelled jack-up barges.

Read: Abu Dhabi’s ADNOC L&S acquires Zakher Marine International