GeneralMedium•8 November 2026•
1 min read
KOC Awards ADNOC Drilling Two Offshore Rig Contracts Worth 96.55M Dinars
Key Facts
1Kuwait Oil Company awarded two contracts for the supply of two mobile offshore drilling rigs to ADNOC Drilling for a total of 96.55 million Kuwaiti dinars.
Kuwait Oil Company awarded two contracts for the supply of two mobile offshore drilling rigs to ADNOC Drilling for a total value of 96.55 million Kuwaiti dinars. Times Kuwait reported that the Higher Procurement Committee of Kuwait Petroleum Corporation approved the award after the company submitted the lowest bid and met all technical requirements and specifications.
The contracts are part of Kuwait Oil Company's offshore exploration and production activities aimed at developing its oil operations. ADNOC Drilling was selected based on its technical and financial competitiveness to operate Rig-1 and Rig-2, strengthening the company's regional presence in the offshore drilling services sector.