Close Menu

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    What's Hot

    UAE and IAEA review nuclear safety after Barakah attack

    June 3, 2026

    Uganda Ebola cases rise to 15 after six new infections

    June 3, 2026

    Jangmi disrupts Tokyo flights and rail services

    June 3, 2026
    Facebook X (Twitter) Instagram
    China DossierChina Dossier
    • Automotive
    • Business
    • Entertainment
    • Health
    • Lifestyle
    • Luxury
    • News
    • Sports
    • Technology
    • Travel
    China DossierChina Dossier
    Home » ADNOC has signed a $1.17 billion contract for jack-up barges
    Business

    ADNOC has signed a $1.17 billion contract for jack-up barges

    August 11, 2022
    Facebook Twitter Pinterest LinkedIn Tumblr WhatsApp VKontakte Email

    In order to drive offshore operational efficiency and expand crude oil production capacity to five million barrels per day (mmbpd) by 2030, Abu Dhabi National Oil Company (ADNOC) has agreed to pay $1.17 billion (AED4.3 billion) for the hiring of 13 self-propelled jack-up barges. The five-year contract was awarded by ADNOC Offshore to ADNOC Logistics & Services (ADNOC L&S) and highlights ADNOC’s world-class capabilities.

    ADNOC has signed a $1.17 billion contract for jack-up barges
    Photo for illustrative purposes only

    Under ADNOC’s In-Country Value (ICV) programme, 80 percent of the award value will flow back into the UAE’s economy. With ADNOC L&S’s single-point responsibility, the 13 self-propelled jack-up barges enable rig-less operations and maintenance, enabling enhanced efficiency. Designed to support a wide range of operations, including project work, maintenance, and accommodation, the barges will be deployed across ADNOC’s offshore fields.

    Share. Facebook Twitter Pinterest LinkedIn Tumblr WhatsApp Email

    Related Posts

    Tokyo market splits as Nikkei sets closing record

    June 2, 2026

    AI chip demand lifts Singapore Q1 GDP growth to 6%

    May 25, 2026

    GME posts strongest trading week in two decades

    May 19, 2026

    Dubai Green Corridor keeps cargo moving during disruptions

    May 18, 2026
    Latest News
    News

    UAE and IAEA review nuclear safety after Barakah attack

    June 3, 2026

    UAE and IAEA officials reviewed nuclear safety and Barakah safeguards after talks between Sheikh Abdullah bin Zayed and Rafael Grossi.

    Uganda Ebola cases rise to 15 after six new infections

    June 3, 2026

    Jangmi disrupts Tokyo flights and rail services

    June 3, 2026

    Punjab wildfire chars 3,037 hectares in Kotli Sattian

    June 3, 2026

    Tokyo market splits as Nikkei sets closing record

    June 2, 2026

    China investigates fatal Huize illegal mining collapse

    June 1, 2026
    © 2026 China Dossier | All Rights Reserved
    • Home
    • Contact Us

    Type above and press Enter to search. Press Esc to cancel.