Iraq Bulletin

Tag : $1.6 billion


Drilling fluids services contract awarded to ADNOC Drilling for $1.6 billion

To meet the rising global demand for energy, ADNOC Drilling Company has awarded Integrated Drilling Fluids Services (IDFS) a five-year framework agreement valued at up to $1.6 billion. The agreement will help ADNOC expand its lower-cost and lower-carbon production capacity. Oilfield Services (OFS) revenue will increase by $150 million per......