<span>Abu Dhabi announces nearly $1 billion drilling contract</span>

Al-Monitor | Oct 13, 2022 at 8:55 PM
  • The Abu Dhabi National Oil Company (ADNOC) has awarded a major drilling contract to its subsidiary.
  • Emirati entities have been investing heavily in green technology and renewable energy this year, but oil and gas remain responsible for about a third of the UAE economy.
  • ADNOC announced a major new gas discovery off the coast of Abu Dhabi in July.