ADNOC Drilling Awards $252m Contract for Hybrid Power Land Rigs

ADNOC Drilling Awards $252m Contract for Hybrid Power Land Rigs

ADNOC Drilling Company PJSC announced that it has signed an agreement to purchase ten newbuild hybrid power land drilling rigs for a total of $252 million.

The use of hybrid power solutions is an essential element of ADNOC Drilling’s rigorous decarbonization strategy as the Company contributes to ADNOC’s commitment to reduce greenhouse gas intensity by 25% by 2030, as well as the UAE Net Zero by 2050 strategic initiative.

The rigs use a high capacity battery and engine automation in parallel with the rigs’ traditional diesel generators. The hybrid power technology system stores energy in its batteries to use when there is a need for continuous power or to provide instant extra power when there is an increase in demand, reducing a rig’s greenhouse gas emissions intensity by 10%-15%.

Each of the rigs will have the provision to be connected to the electrical grid with minimum adjustment, depending on rig location and the availability of grid power, further reducing emissions.

Abdulrahman Abdullah Al Seiari, Chief Executive Officer of ADNOC Drilling, said: “This is yet another exciting step for ADNOC Drilling – these new rigs contribute to the capacity required to meet our customers’ expectations of maximum energy with minimal emissions. As our growth trajectory