Schlumberger and Halliburton win big as ADNOC dishes out $764million unified contract

  • Date: 14-Jul-2021
  • Source: Energy Voice
  • Sector:Oil & Gas
  • Country:Middle East
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Schlumberger and Halliburton win big as ADNOC dishes out $764million unified contract

ADNOC has dished out a unified drilling contract worth $763.7million, with Schlumberger and Halliburton landing sizeable shares.

The rigless services work will be carried out across six artificial islands in Abu Dhabi in the Upper Zakum and Sarah Al Razboot (SARB) oil fields, supporting plans to expand production to a huge five million barrels per day by 2030.

Schlumberger has been awarded a share worth $381.1million from ADNOC, while Halliburton is getting a deal worth $153.9m.