Adnoc headquarters in Abu Dhabi. A five-year contract awarded by Adnoc Offshore to Adnoc Logistics & Services is for hiring 13 self-propelled jack-up barges. AFP
Adnoc headquarters in Abu Dhabi. A five-year contract awarded by Adnoc Offshore to Adnoc Logistics & Services is for hiring 13 self-propelled jack-up barges. AFP

Business

Energy

Adnoc's logistics arm secures $1.17bn contract to boost offshore capacity

The five-year deal will help the company expand its oil production to 5 million barrels per day by 2030

Shweta Jain
Shweta Jain

August 11, 2022