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Adnoc Drilling Gets KWD97 Million Contracts for Offshore Rig Operations in Kuwait

MT Newswires·11/09/2026 23:44:13
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11:44 PM EST, 11/09/2026 (MT Newswires) -- Adnoc Drilling (ADX:ADNOCDRILL) was awarded two separate contracts for offshore jack-up rig operations in Kuwait, with a combined maximum value of 96.6 million Kuwaiti dinars for the four-year firm term. The provision of Rig 1 and Rig 2 to Kuwait Oil Co will mark the Abu Dhabi-listed offshore drilling company's entry into offshore Kuwait and its first offshore rig operations outside the United Arab Emirates, according to a Monday release. Operations are slated to start in the fourth quarter of 2027, subject to certain conditions and the completion of contractual formalities.