#Drilling

Adnoc-gordon-tech

UAE’s ADNOC Drilling, Alpha Dhabi Holding to become majority shareholders in Gordon Tech

Prior to the deal, Gordon Technologies, based in Louisiana, was primarily owned by Houston-based private equity firm Pelican Energy Partners

Alpha Dhabi transfers stake in Gordon to ADNOC Drilling JV

IHC’s Alpha Dhabi transfers 25% stake in US firm to ADNOC Drilling JV

The $180m equity stake marks the initial strategic investment by Alpha Dhabi in the venture

ADNOC Onshore Drilling Rig

Abu Dhabi’s ADNOC Drilling approves $341m dividend

The shareholders’ approval brings the total full-year 2022 dividend to 15.67 fils per share or $682.5m

ADNOC Drilling confirms $2bn in contracts for Hail, Ghasha Gas Development Project

ADNOC Drilling confirms $2bn contract award for Ghasha mega project

The contracts are valued at $1.3bn for Integrated Drilling Services and $700m for the provision of four island drilling units

Abu Dhabi’s ADNOC announces $6bn investments to foster drilling growth

The investments are in the form of procurement awards to contractors