ADNOC Wins Two Kuwait Offshore Rig Contracts as Regional Expansion Accelerates
ADNOC Drilling has secured approval for two major offshore rig contracts from Kuwait Oil Company (KOC), marking its first offshore expansion outside the United Arab Emirates.
Expansion in the Offshore Energy Sector
The Kuwait Petroleum Corporation Higher Procurement Committee (KPCHPC) approved the award under Tender No. RFP-2151011 for the provision and operation of two high-specification jack-up drilling rigs. The agreement covers Rig 1 and Rig 2 for a combined maximum value of approximately $313.6 million (KWD 96.55 million).
According to ADNOC Drilling, the award contemplates a four-year firm term inclusive of mobilization, with an additional one-year option. Operations under the new contracts are expected to commence in the fourth quarter of 2027, with the primary financial contribution anticipated to begin in 2028.
Strengthening GCC Maritime Operations
The approval highlights growing regional cooperation within the Middle Eastern offshore energy sector. KPC’s procurement committee reviewed the tender submissions and selected ADNOC Drilling after confirming the firm provided the lowest compliant bids meeting all technical specifications set by Kuwait Oil Company.
This deal supports Kuwait’s strategic initiative to expand offshore exploration and development in its territorial waters following major recent hydrocarbon discoveries. For ADNOC Drilling, the contracts represent a milestone in its “Drill-to-Operate” strategy, expanding its footprint across the Gulf.
For maritime contractors, vessel operators, and offshore service providers, this expansion signifies heightened demand for support vessels, logistics, and marine infrastructure in offshore Kuwait. As jack-up drilling rigs are mobilized to the region, auxiliary services including crew transfer, towing, and supply operations are expected to see increased utilization leading into 2027 and 2028.
