ADNOC Drilling has secured a contract valued at up to $800 million by ADNOC Onshore for the provision of integrated hydraulic fracturing services for conventional and tight reservoirs, the UAE-based company announced Monday.
Danos Operations Services has been awarded a contract to provide production services for Beacon Offshore Energy’s new deepwater facility in the Gulf of America/Gulf of Mexico — the Shenandoah floating production system.
The COD follows the achievement of first gas in January 2025, first LNG in February and the lifting of the project’s first LNG cargo in April. Two more cargoes were exported in May and June, and a fourth is currently loading, according to a separate announcement by GTA project partner Kosmos Energy. A fifth cargo is expected to load in Q3 2025.
Baker Hughes has a history of successful integrated P&A projects, as well as its innovative portfolio of Mature Assets Solutions with a proven track record of increasing efficiency, accelerating timelines and reducing total operating costs. Through this integrated P&A program, Baker Hughes will plug and abandon wells and provide project management services on behalf of Equinor.
“Petrofac will provide EPCM [engineering, procurement and construction management] services and oversee procurement and construction contracts to build a new inlet facility, two new gas dehydration and compression trains, each with a capacity of 420 million standard cubic feet per day, and associated infrastructure”, Petrofac said separately.
The contracts involve expanding key processing units to increase throughput and improve operational efficiency across four ADNOC Gas Facilities: Asab, Buhasa, Habshan (Onshore), and the Das Island liquefaction facility (Offshore). The company intends to take FIDs on two additional phases of the RGD project at Habshan and Ruwais to enable the delivery of greater production capacity to meet growing market demands.
Wood noted in that statement that it will provide maintenance services and shutdown support to optimize operational performance of the Gippsland Basin Joint Venture’s offshore assets in the Bass Strait and the Longford and Long Island Point facilities. The company highlighted in that statement that the Bass Strait is the largest single source of natural gas for the domestic market in Australia and pointed out that it supplies approximately 40 percent of the country’s east coast demand.
This is the third major contract closed by ADNOC Drilling with ADNOC Offshore in just over a month, and brings total contract awards to USD 3.6 billion. In April, the company secured a USD 1.63-billion, five-year engagement for integrated drilling services. In May, it won a USD 806-million contract to deliver three newbuild island rigs for the Zakum offshore development project in Abu Dhabi.
Subsea7 will be responsible for transporting and installing flexible pipelines, umbilicals, and associated subsea components for the connection of a floating production, storage and offloading (FPSO) vessel as well as the pre-laying activities for an upcoming drilling campaign.
In a disclosure to the Muscat Stock Exchange, Abraj said it had been engaged to provide an onshore drilling rig for a term of three years, renewable for an additional two years. Abraj’s expected revenue from the contract is around USD 36.4 million.