ADNOC Drilling is ramping up its fleet expansion plans with the goal of acquiring dozens of new rigs by the end of 2025. This bold move aligns with ADNOC’s broader strategy to meet ambitious production targets and reinforce its position as a global energy leader.
The company recently secured a $1.15 billion long-term contract, underscoring its commitment to growth and operational excellence. By 2028, ADNOC Drilling aims to increase its fleet to 151 rigs, focusing primarily on jack-up and island rigs to support offshore and onshore operations.
A key component of this expansion is the company’s collaboration with Honghua Group (HH) to design and build next-generation island rigs. These rigs will integrate artificial intelligence, digital technologies, and advanced safety systems, ensuring greater efficiency and performance.
In addition, ADNOC Drilling is diversifying through its joint venture with Alpha Dhabi Holding, Enersol, which plans to invest $1.5 billion in technology-driven oilfield service companies by 2025. This investment reflects ADNOC’s vision of leveraging innovation to optimize operations.
Beyond the UAE, ADNOC Drilling is also eyeing opportunities in Kuwait and Oman, extending its regional influence. With more than $1 billion in investments planned for 2025, the company is on track for substantial growth.
Sustainability remains central to ADNOC Drilling’s strategy. The company is committed to adopting cleaner technologies, driving operational efficiency, and delivering long-term value to shareholders, while supporting ADNOC’s overall production and energy transition goals.
As ADNOC Drilling expands its fleet and capabilities, it is positioning itself not only as a leader in the region but also as a global player in the evolving energy landscape.