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

Client
Kuwait Oil Company (KOC), via Kuwait Petroleum Corporation's Supreme Purchasing Committee
Winning contractor
ADNOC Drilling Company PJSC
Contract value
Up to about KD96.55m (maximum combined cost, two contracts)
Award date
Not disclosed in source

Contract scope

Two separate contracts for the supply of two mobile offshore drilling rigs (Rig-1 and Rig-2) for Kuwait Oil Company; maximum combined cost of about KD96.55m.

Reporting and evidence

Article published

Fields reflect the linked reporting below. Publication, announcement and signing dates are not treated as award dates.

Evidence for these fields

Extracts from this article. Original source links remain in the full story.

  • Client: 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)
  • Winning contractor: approved the award to ADNOC Drilling as the lowest bidder whose bid met the conditions and specifications in the tender documents
  • Contract value: at a maximum total cost of about KD96.55m

Read the full story and sources ↓

Full story and sources

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.

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