ADNOC Drilling and Alpha Dhabi''s "Enersol" Joint Venture
Abu Dhabi, UAE – June 11, 2024 ALPHADHABI) announced today that their joint venture Enersol RSC LTD ("Enersol" or the '''' JV'''') has agreed to acquire an additional 42.206% equity
Enersol to Acquire Deep Well Services in $223M Deal
DWS, through Enersol, will play a role in contributing to the development of the United Arab Emirates'' conventional and unconventional energy resources. Enersol companies will support the delivery of ADNOC
Adnoc Drilling JV Enersol aims to conclude planned
Adnoc Drilling JV Enersol aims to conclude planned acquisitions worth $1.5bn by end of 2025 Launched in January, Enersol is a tech-centric investment platform focused on the oilfield services business
Adnoc Drilling JV Enersol aims to conclude planned acquisitions
Enersol, the joint venture between Abu Dhabi companies Adnoc Drilling and Alpha Dhabi Holding, aims to achieve its goal of investing $1.5 billion in technology-driven companies within the
5 FAQs about [Enersol uae Tokelau]
Who is enersol?
Enersol is a joint venture between ADNOC Drilling and Alpha Dhabi. The company was created to generate change in the oilfield and energy services industries by acquiring and growing companies with the latest sector specific technology. With a mission to raise the standards of the sector, through improved efficiencies, safety and growth.
How will enersol support ADNOC Drilling?
Enersol companies will support the delivery of ADNOC Drilling’s recent $1.7 billion contract award to deliver 144 unconventional wells to ADNOC Group by leveraging the various technologies available to it. For the full year 2023 DWS delivered strong financial performance, with revenue over $205 million.
What is ADNOC enersol?
Photo: Adnoc Enersol, the joint venture between Abu Dhabi companies Adnoc Drilling and Alpha Dhabi Holding, aims to achieve its goal of investing $1.5 billion in technology-driven companies within the oilfield services sector by the end of next year, a senior official said.
What is enersol & how does it work?
Launched in January, Enersol is a tech-centric investment platform aimed at bolstering Adnoc Drilling’s fast-growing oilfield services business, which makes up about 17 per cent of the company’s revenue. In June, Enersol became a majority shareholder in US-based Gordon Technology, which specialises in measurement while drilling (MWD) technology.
Does enersol own Gordon Technology?
In June, Enersol became a majority shareholder in US-based Gordon Technology, which specialises in measurement while drilling (MWD) technology. MWD helps oil and gas companies collect and send important real-time data during drilling operations.