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Asharq Al-Awsat
Asharq Al-Awsat
Business
Abu Dhabi - Asharq Al-Awsat

ADNOC Awards $2Bln in Contracts for the Hail, Ghasha Gas Development Project

The Hail and Ghasha gas fields are located approximately 190 km northwest of the capital, Abu Dhabi. (WAM)

Abu Dhabi National Oil Company (ADNOC) announced Wednesday awarding two substantial contracts totaling AED7.49 billion ($2 billion) to ADNOC Drilling for the Hail and Ghasha Development Project.

The contracts comprise AED4.89 billion ($1.3 billion) for integrated drilling services and fluids, and AED2.6 billion ($711 million) for the provision of four Island Drilling Units.

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