ADNOC Drilling has signed an agreement to purchase 10 newbuild hybrid power land drilling rigs for a total of US$252mn
The use of hybrid power solutions is an essential element of ADNOC Drilling’s decarbonisation strategy as the company contributes to ADNOC’s commitment to reduce greenhouse gas intensity by 25% by 2030, as well as the UAE Net Zero by 2050 strategic initiative.
The rigs use a high capacity battery and engine automation in parallel with the rigs’ traditional diesel generators. The hybrid power technology system stores energy in its batteries to use when there is a need for continuous power or to provide instant extra power when there is an increase in demand, reducing a rig’s greenhouse gas emissions intensity by 10%-15%.
Each of the rigs will have the provision to be connected to the electrical grid with minimum adjustment, depending on rig location and the availability of grid power, further reducing emissions.
Abdulrahman Abdullah Al Seiari, chief executive officer of ADNOC Drilling, said, “This is yet another exciting step for ADNOC Drilling – these new rigs contribute to the capacity required to meet our customers’ expectations of maximum energy with minimal emissions. As our growth trajectory accelerates and we continue to build our capacity and capabilities to drive shareholder returns, our commitment to the decarbonisation of our operations remains fundemental.’’
These new rigs are central to increasing ADNOC Drilling’s operational onshore capacity. The company is a key enabler of ADNOC’s accelerated production capacity targets of five million barrels of lower carbon intensity crude per day by 2027, and achieving gas self-sufficiency for the UAE.
The 10 newbuild hybrid power rigs will be built by China Petroleum Technology & Development Corporation in the People’s Republic of China. The units are 1500HP Fast Desert Moving design with capabilities to work in cluster wells. The rigs will progressively enter the fleet from the fourth quarter of this year.
ADNOC Drilling will lease an additional four land rigs, bringing a total of 14 new rigs being added to the fleet.