ADNOC Onshore, UAE announced in a statement that it has awarded contracts for well testing services as ADNOC continue to work towards 5 million barrels per day oil production capacity by 2030.
The Combined value of the contract are $169 million (AED 621 million).
The contracts of up to five years were awarded to following companies upon a competitive tender process.
- NESR Energy Services,
- AlMansoori Production Services
- Al Ahlia Oilfields Development Company
The services will apply best-in-class technology to optimize the performance of onshore reservoirs, while minimizing the environmental impact of the process. Over 60% of the value will flow back into the UAE’s economy under ADNOC’s flagship In-Country Value program to support growth and diversification, statement mentioned.
