ADNOC Drilling Wins $800 Million Deal for Fracturing Services
ADNOC, the Abu Dhabi National Oil Company, announced that its drilling division has signed a big five-year contract worth up to $800 million. The deal, from ADNOC Onshore, is for providing hydraulic fracturing services, starting in the third quarter of this year.
Advanced Technology for Better Results
ADNOC Drilling will use smart technologies like advanced software, automated machines, and intelligent fluid systems. These tools will help increase oil flow, improve safety, lower environmental impact, and reduce the number of workers needed on-site.
The contract is part of ADNOC’s plan to quickly develop oil fields in Abu Dhabi, especially hard-to-reach ones. The goal is to increase production using multistage fracturing methods. The deal also supports ADNOC Drilling’s financial goals for 2025 and beyond, helping boost profits and returns. Actual earnings will depend on how well the project is carried out.
This is ADNOC Drilling’s fifth big contract in a little over two months. In total, it has secured over $4 billion in deals recently.
Other Major Deals
In May, ADNOC Drilling got a $1.2 billion, 15-year contract from ADNOC Offshore for two jack-up rigs, which will start working later this year. These rigs will use modern digital and AI tools for better performance.
Also in May, ADNOC Drilling agreed to buy 70% of Schlumberger’s land drilling business in Kuwait and Oman. The deal includes eight working rigs—two in Kuwait and six in Oman. The full details were not shared. This deal will be set up as a joint venture and is expected to be completed in early 2026. It will help ADNOC Drilling grow in the region and increase its earnings and cash flow.
Strong Growth
In the first quarter of this year, ADNOC Drilling earned $1.17 billion in revenue, up 32% from the same time last year, thanks to strong performance in its onshore and oilfield services.
Published: 1st July 2025
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