The newly owned separation facilities and extra drilling power has strengthened ADNOC’s leased offshore operations. This new acquisition is expected to boost the company’s ongoing quest of improving its oil output and maintaining its pole position in the state energy industry. The latest rig owned is aimed for offshore operation on UAE fields that form the key component of the country’s energy landscape. The latest rigs have been modified with advanced equipment that allows for enhanced drilling which facilitates ADNOC in balancing the increasing energy requirements with their mandate of conservation.
This is a long awaited development for ADNOC owing to their increase in drilled wells with lesser new borders offshore of UAE which their longer term strategy has been devised for. The new rigs will amplify the drilling erections of ADNOC enabling them to develop new offshore oil fields in the UAE. ADNOC’s spending on new rigs illustrates its commitment to military honing the technological edge in future energy markets. By refurbishing its drilling fleet, ADNOC is driven to stay ahead of the pack with regards to innovations in the oil and gas sector.
The efficiency of the new rigs is expected to boost productivity as well as other operational indicators by accelerating drilling speed while incurring lower cost and being less harmful to the environment. Doing this helps the company meet their long term sustainability goals, energy production and environmental balance. In the future years, ADNOC is predicted to expand further its drilling base and new technology. The incorporation of these two new rigs sets a strong precedent to envision the future plans of the company with respect to the energy needs of the world in the future.
