Adnoc Drilling has made a bold move in the regional oil sector. The company secured a 70% stake in SLB’s drilling operations in Oman. This strategic Adnoc Drilling Oman deal strengthens its presence in the Gulf energy market.
In addition, The deal includes six operational land rigs in Oman. It also covers two rigs currently active in Kuwait. This acquisition will support Adnoc Drilling’s regional growth plans and expand its rig fleet.
With this deal, Adnoc Drilling reinforces its ambitions. It aims to become a top-tier regional drilling provider. This step fits its long-term expansion strategy. The company continues to focus on building assets across the Middle East.
SLB, formerly known as Schlumberger, will retain a minority stake. However, Adnoc Drilling will manage day-to-day operations under the agreement. The partnership will combine SLB’s experience with Adnoc’s strong regional presence.
Moreover, this deal will help Adnoc Drilling access key drilling markets. Both Oman and Kuwait have growing oil production needs. This acquisition positions the company to meet future energy demands more efficiently.
Adnoc Drilling has grown rapidly in recent years. It continues to make investments in both onshore and offshore assets. The company now operates one of the region’s largest drilling fleets.
Industry analysts view this deal as a smart step forward. They believe the Adnoc Drilling Oman deal will bring operational efficiency and cost benefits. It also reflects the company’s strategy to expand through partnerships.
Importantly, this move aligns with Abu Dhabi’s broader economic vision. The UAE aims to boost state-backed companies and expand their global footprint. Adnoc Drilling plays a key role in this national strategy.
In the coming months, integration of the new rigs will begin. Adnoc Drilling plans to enhance performance and increase drilling output. The company will likely announce more expansion steps in the near future.
The Adnoc Drilling Oman deal marks another milestone in regional energy collaboration. It strengthens ties between UAE and its Gulf neighbors. It also underlines the value of strategic acquisitions in oil and gas.
