Mena FN · 2d
Adnoc Drilling Accelerates Initial $1.7 Billion 'Unconventionals' Campaign
( MENAFN - Khaleej Times) Adnoc drilling Company PJSC (Adnoc Drilling) announced on Monday the creation of the Turnwell joint venture with SLB and Patterson-UTI and the acceleration of its 144 unconventional oil and gas well programme, following the successful and delivery of the first wells in the campaign.
Upstream · 2d
SLB, Patterson-UTI and Adnoc JV poised to accelerate ambitious 144-well drilling campaign in Abu Dhabi
Turnwell is drilling the 144 wells as part of a $1.7 billion contract that was earlier awarded by Adnoc to its subsidiary Adnoc Drilling, targeting multiple unconventional assets in the UAE
YAHOO!Finance · 2d
SLB and ADNOC Drilling Partner for Unconventional Oil and Gas Development
SLB (NYSE: SLB) today announced an agreement to create Turnwell Industries LLC OPC (Turnwell), a joint venture (JV) with ADNOC Drilling Company, SLB and Patterson-UTI. The JV will allow the three companies to leverage leading innovations in AI,
thearabianpost · 2d
ADNOC Drilling unveils Turnwell JV for unconventional well expansion
Dubai ADNOC Drilling has advanced its strategic goals in unconventional oil and gas production by forming the Turnwell joint venture in partnership with global energy firms SLB and Patterson-UTI. The JV aims to accelerate ADNOC’s 144-well program,
Trade Arabia · 2d
Adnoc Drilling sets up JV to boost unconventional energy sector
Focused on the UAE’s world-class unconventional energy resources, post completion of the JV, Adnoc Drilling through its wholly owned subsidiary, ADH RSC, will hold a 55% majority equity stake, SLB a 30% equity stake and Patterson-UTI the remaining 15% equity stake.
YAHOO!Finance · 2d
Patterson-UTI and ADNOC Drilling Sign Agreements to Formalize the Previously Announced Joint Venture in the UAE
UTI ENERGY, INC. (NASDAQ:PTEN) ("Patterson-UTI" or "the Company") today announced that its subsidiary, TW Holdings LLC, has signed the previously announced joint venture agreement
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