Abu Dhabi Launches New Offshore Exploration Licenses

ADNOC Offshore has launched a new licensing round for exploration blocks in Abu Dhabi waters. The round is expected to attract international partners and spur demand for offshore rigs, support vessels, and related services.

Exploration and subsequent development programmes create multi-year demand for drilling and construction equipment. UAE-based service companies and equipment providers often partner with international players to deliver on these projects.

Tracking licensing and award timelines helps suppliers plan capacity and position for upcoming work.