KPC purchasing committee awards ADNOC Drilling two mobile offshore rig contracts for Kuwait Oil Company, up to about KD96.55m

Kuwait Petroleum Corporation’s Supreme Purchasing Committee has approved awarding two separate contracts for the supply of two mobile offshore drilling rigs (Rig-1 and Rig-2) for Kuwait Oil Company (KOC) to ADNOC Drilling Company PJSC, at a maximum total cost of about KD96.55m, Al-Rai and Al Jarida reported on 8 November 2026, citing the official gazette Kuwait Al-Youm.

The committee reviewed KOC’s letter on the request and approved the award to ADNOC Drilling as the lowest bidder whose bid met the conditions and specifications in the tender documents.

The tender number, contract term, decision date and signing date were not given, and the gazette notice and any ADNOC Drilling disclosure have not been read. KD96.55m is the maximum combined cost of the two contracts.

What to watch: Contract signing, any ADNOC Drilling disclosure on the Abu Dhabi Securities Exchange, and rig mobilisation dates.

Sources: Al-Rai, 8 November 2026; Al Jarida, 8 November 2026. Reviewed 8 November 2026.