The jack-up barge hire contract represents a significant growth opportunity for ADNOC L&S
Abu Dhabi National Oil Company (ADNOC) has confirmed a $1.17 billion (AED4.3 billion) contract for the hire of 13 self-propelled jack-up barges has been awarded to ADNOC Logistics & Services.
The 13 self-propelled jack-up barges are multi-purpose assets that enable rig-less operations and maintenance with single point responsibility provided by ADNOC L&S. The barges, which will be deployed across ADNOC’s offshore fields, are equipped to support a wide scope of operations, including project work, maintainance and accommodation.
Speaking after the signing of the contract, Captain Abdulkareem Al Masabi, ADNOC Logistics & Services CEO, said: “We are committed to continuing to seize growth opportunities and deliver more value to ADNOC and this announcement is another milestone in that journey. These vessels represent an important opportunity for growth and diversification for ADNOC L&S and will be a critical enabler of ADNOC Offshore’s growth.”
The self-propelled jack-up barges, which will be hired along with manpower and equipment, will be used for rig-less well intervention and pre- and post-drilling operations, as well as for topside maintenance and integrity restoration activities, at ADNOC’s regional offshore assets.
