ADNOC Drilling Awarded Five-Year Contract Worth Up To $800 Million For Hydraulic Fracturing Services

ADNOC Drilling Company PJSC has secured a contract worth up to $800 million from ADNOC Onshore. This agreement, spanning five years, is for integrated hydraulic fracturing services for conventional and tight reservoirs. The project will begin in the third quarter of 2025, marking a key step in ADNOC Drilling's growth as a technology-driven energy services provider.

The contract aligns with ADNOC's strategy to expedite the development of conventional and tight reservoirs across the UAE. It involves designing, executing, and evaluating multistage hydraulic fracturing treatments across various assets in Abu Dhabi. These services aim to enhance oil or gas flow through natural pathways and optimise production by improving flow rates.

Throughout the project, ADNOC Drilling will utilise cutting-edge technologies to boost efficiency and performance. Proprietary fracturing simulation software will be employed to optimise each operation stage, enhancing flow rates and hydrocarbon recovery. Intelligent fluid systems will adjust dynamically to reservoir conditions in real-time, improving fracture efficiency while minimising environmental impact.

Automated pumping units and blending systems will also be used to improve safety, streamline operations, and reduce on-site manpower needs. These technological advancements underscore ADNOC Drilling's leadership in high-tech oilfield services by integrating next-generation equipment, artificial intelligence (AI), and real-time intelligence for smarter energy outcomes.

The financial implications of this contract reinforce ADNOC Drilling's 2025 guidance and 2026 revenue projections. It offers further growth potential beyond 2027, enhancing return on equity and earnings per share. The contract has a maximum cumulative value of $800 million in revenue for ADNOC Drilling, subject to client discretion based on call-offs.

This is the fifth contract awarded within just over two months. It follows a $1.63 billion five-year Integrated Drilling Services contract, an $806 million deal for three island rigs, a $1.15 billion 15-year agreement for two jack-up rigs from ADNOC Offshore, and a $400 million backlog from acquisitions in Oman and Kuwait.

CEO's Perspective

Abdulla Ateya Al Messabi, CEO of ADNOC Drilling, commented on the award: "This significant contract is a powerful endorsement of ADNOC Drilling’s expanding capabilities and our trusted partnership with ADNOC Onshore. It reflects our ability to deliver high-impact, technologically advanced fracturing services that will help unlock the UAE’s energy potential."

The CEO further expressed pride in supporting the nation's strategic energy goals while reinforcing their position as leaders in integrated drilling solutions. This award highlights ADNOC Drilling's commitment to transforming its operations while maintaining strong partnerships within the industry.

The use of advanced technologies throughout this project aims to maximise efficiency while ensuring sustainable energy outcomes. By leveraging AI and real-time intelligence alongside proprietary software solutions, ADNOC Drilling continues its evolution into a fully integrated technology-enabled energy services company.

With inputs from WAM