In exchange for the minority equity interest, Patterson-UTI will provide unconventional drilling and completion expertise to Turnwell, as well as a limited cash contribution to fund its portion of ...
Turnwell is set to complete an initial 144 wells by the end of 2025, with ADNOC Drilling holding a 55% stake in the joint ...
ADNOC today announced that ADNOC International Limited (ADNOC International), has entered into an investment agreement with ...
The JV, dubbed Turnwell Industries, is accelerating the 144 unconventional oil and gas well programme, "following the ...
Schlumberger N.V. and ADNOC Drilling form JV with Patterson-UTI Energy to accelerate UAE's unconventional oil and gas program, targeting 144 wells by 2025.
ADNOC Drilling, SLB and Patterson-UTI have created a joint venture dubbed Turnwell Industries to accelerate the 144-well ...
Dubai ADNOC Drilling has advanced its strategic goals in unconventional oil and gas production by forming the Turnwell joint ...
Turnwell is drilling the 144 wells as part of a $1.7 billion contract that was earlier awarded by Adnoc to its subsidiary ...
Focused on the UAE’s world-class unconventional energy resources, post completion of the JV, Adnoc Drilling through its ...
Adnoc Drilling, the largest national drilling company in the Middle East by rig fleet size, has joined forces with world’s ...
Adnoc Drilling Company PJSC (Adnoc Drilling) announced on Monday the creation of the Turnwell joint venture with SLB and ...
US-listed global technology company SLB said Monday that it partnered with ADNOC Drilling Company and Patterson-UTI to create ...