UAE and Seychelles Boost Parliamentary Cooperation

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  In a step toward deepening international collaboration, the UAE Parliamentary Friendship Committee recently held a pivotal meeting with Waven William, Chairperson of the International Affairs Committee of the National Assembly of Seychelles. The agenda: enhancing parliamentary cooperation and forging stronger bilateral relations between the two nations. The dialogue, marked by mutual respect and shared interests, focused on the importance of inter-parliamentary exchange in fostering diplomatic and developmental ties. Both sides emphasized the need for collaborative approaches to global challenges such as climate change, economic diversification, and sustainable development — issues that resonate deeply with both countries given their strategic geographic locations and shared ambitions. Waven William lauded the UAE’s rapid progress in governance and innovation and expressed interest in learning from the UAE’s successful models of economic and social development. The UAE representa...

Adnoc Drilling to buy offshore jack-up rigs

 

Adnoc 

Adnoc Drilling, which is majority owned by Adnoc, owned 108 rigs at the end of September. The company was listed on the ADX in October last year and has rapidly expanded operations in recent months.

It has won contracts worth $8.85 billion this year and plans to acquire dozens of rigs by 2025 to support Adnoc's oil-production capacity target of 5 million barrels per day by 2027. 

Adnoc Drilling has provided integrated drilling services to Adnoc Onshore and Offshore since 2019.

The company’s highly competitive position, integrated capabilities and technical expertise have helped to increase the efficiency of Adnoc’s drilling operations.


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