Abu Dhabi National Oil Company (ADNOC), the oil and gas company and LNG producer in the United Arab Emirates, has awarded three framework agreements valued at 14.68 billion UAE dinars ($4 billion) for integrated drilling services to support the ongoing expansion of its oil and natural gas production activities.

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Abu Dhabi National Oil Company (ADNOC), the longest-standing LNG producer in the Middle East for the United Arab Emirates, which is the third-largest oil producer in OPEC, is expected to proceed with an initial public offering of a stake in the ADNOC Drilling company with operations on land and sea.

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Baker Hughes Co., the energy services provider and LNG equipment supplier, said it expected an increase in liquefied natural project activity as it posted solid third-quarter results and more contract wins since regaining its independence from General Electric.

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