Abu Dhabi National Oil Company (ADNOC) has awarded a $1.7 billion contract to its drilling unit, ADNOC Drilling Company, to provide drilling and associated services for the recovery of unconventional energy resources.
To service the contract and explore the considerable future opportunities in unconventional resources, ADNOC Drilling has incorporated a new company, Turnwell Industries LLC OPC. The contract will see Turnwell deliver 144 unconventional oil and gas wells.
ADNOC Drilling has signed a term sheet to enter into a strategic partnership with…
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