26 September 2022
ADNOC Drilling Purchases Two Further Premium Jack-Up Rigs as Part of Accelerated Growth Strategy
ADNOC Drilling Company PJSC (ADNOC Drilling or the Company”) (ADX symbol: ADNOCDRILL / ISIN: AEA007301012) today announced it has signed a Sale and Purchase Agreement (“SPA”) to acquire an additional two premium offshore jack-up drilling units (the “rigs”).
The acquisition, which underpins the company’s accelerated fleet expansion and enterprising growth, is the fourth confirmed by the Company in recent months. Earlier sale and purchase agreements were signed on 30 May (for two rigs), 10 June (one rig) and 24 August (one rig).
Q2 Earnings Release
Please view our earning's webcast held on Tuesday, August 9, 2022: