BRIEF-Adnoc Awards $920 Mln Contract To Extend Ai-Powered Well Digitalization Program

Reuters11-05 18:03

Nov 5 (Reuters) - ABU DHABI NATIONAL OIL CO :

* ADNOC AWARDS $920 MILLION CONTRACT TO EXTEND AI-POWERED WELL DIGITALIZATION PROGRAM TO COVER OVER 2,000 WELLS

* ADNOC ANNOUNCED AWARD OF AN ENGINEERING, PROCUREMENT AND CONSTRUCTION $(EPC)$ CONTRACT TO JEREH OIL & GAS ENGINEERING CORPORATION

* AWARD COVERS INSTALLATION OF REMOTE SENSING AND WELL OPERATING EQUIPMENT AT ADNOC ONSHORE'S BAB, BU HASA AND SOUTHEAST FIELDS

* OVER 80% OF AWARD VALUE TO FLOW BACK INTO UAE'S ECONOMY UNDER ADNOC'S ICV PROGRAM

Further company coverage:

((Reuters.Briefs@thomsonreuters.com;))

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