ADNOC Onshore awards Jereh about $2.7bn of letters of award for Ruwais Diyab gas development and Bab and Bu Hasa tie-ins

ADNOC Onshore has awarded three projects worth about $2.7bn (AED9.9bn) in total to Jereh Oil & Gas Engineering Corporation – Abu Dhabi, a branch of China’s Yantai Jereh Oilfield Services Group, Saudi Gulf Projects reported on 5 November 2026. Jereh disclosed the letters of award in a filing on the Shenzhen Stock Exchange dated 4 November 2026 and said formal contracts have not yet been signed.

The largest award is the $1.704bn (AED6.26bn) full development of the Ruwais Diyab unconventional gas field, including $310m of optional items, on a design-build-operate model: 29 months of construction and 60 months of operation, with up to two five-year extensions. The other two are framework (call-off) contracts for wellhead tie-in programmes at the Bab and North East Bab fields ($599.7m, 60 months) and at Bu Hasa, Bida Qimzan and Huwaila ($392.8m including $174m of optional items, 36 months). According to the report, the formal agreements must be finalised within 90 days of the start date.

These are letters of award, not yet signed contracts. No separate award decision date was disclosed, and no statement from ADNOC’s own channels has been seen.

What to watch: Signing of the formal contracts within 90 days and the start of Ruwais Diyab construction.

Sources: Saudi Gulf Projects, 5 November 2026 (citing Jereh’s Shenzhen Stock Exchange filing). Reviewed 6 November 2026.