Jereh Lands $920 Million ADNOC Contract of AI-Driven Well Digitalization Program

November 05, 2024 11:33 PM AEDT | By Cision
Follow us on Google News: https://kalkinemedia.com/resources/assets/public/images/google-news.webp

ABU DHABI, UAE, Nov. 5, 2024 /PRNewswire/ -- Jereh signed a $920 million EPC contract with ADNOC Onshore, a subsidiary of Abu Dhabi National Oil Company (ADNOC), to undertake a transformative well digitization project. This initiative will involve installing advanced remote sensing and operational equipment across ADNOC's onshore Bab, Bu Hasa, and Southeast fields, marking a significant step toward enhanced digital integration and smarter oilfield management.

Signing Ceremony
Signing Ceremony

Li Weibin, Executive President of Jereh Group, and Abdulmunim Saif Al Kindy, ADNOC Upstream Executive Director signed the Letter of Award on behalf of both parties.

Covering more than 2,000 wells, the project will enable real-time data transmission, monitoring, and analysis across these wellsites. This transformation will help ADNOC transition from traditional inspection methods to an advanced, fully digitalized, and largely autonomous management model—significantly enhancing operational safety, efficiency, and sustainability.

"Jereh is honored to play a role in advancing ADNOC's strategic goals toward AI-driven operations," noted Li Weibin. "Our partnership reflects not only our commitment to delivering advanced solutions but also our deep respect for ADNOC's vision for the future of energy. Jereh's responsiveness, innovative approach, and focus on high-performance execution will support ADNOC in setting a new standard for digitalized oilfields."

In securing this contract, Jereh has successfully demonstrated its extensive technical experience and proven capabilities in high-stakes international projects while navigating a rigorous qualification process. With a client-centered approach and dedication to continuous innovation, Jereh is committed to exceeding ADNOC's expectations through a tailored and technologically advanced implementation.

ADNOC team visited Jereh booth at ADIPEC
ADNOC team visited Jereh booth at ADIPEC

Through this collaboration, Jereh not only affirms its position as a premier partner in energy digitalization but also contributes to shaping the future of intelligent and sustainable oil and gas operations in the region.

 


Disclaimer

The content, including but not limited to any articles, news, quotes, information, data, text, reports, ratings, opinions, images, photos, graphics, graphs, charts, animations and video (Content) is a service of Kalkine Media Pty Ltd (“Kalkine Media, we or us”), ACN 629 651 672 and is available for personal and non-commercial use only. The principal purpose of the Content is to educate and inform. The Content does not contain or imply any recommendation or opinion intended to influence your financial decisions and must not be relied upon by you as such. Some of the Content on this website may be sponsored/non-sponsored, as applicable, but is NOT a solicitation or recommendation to buy, sell or hold the stocks of the company(s) or engage in any investment activity under discussion. Kalkine Media is neither licensed nor qualified to provide investment advice through this platform. Users should make their own enquiries about any investments and Kalkine Media strongly suggests the users to seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice), as necessary.
The content published on Kalkine Media also includes feeds sourced from third-party providers. Kalkine does not assert any ownership rights over the content provided by these third-party sources. The inclusion of such feeds on the Website is for informational purposes only. Kalkine does not guarantee the accuracy, completeness, or reliability of the content obtained from third-party feeds. Furthermore, Kalkine Media shall not be held liable for any errors, omissions, or inaccuracies in the content obtained from third-party feeds, nor for any damages or losses arising from the use of such content.
Kalkine Media hereby disclaims any and all the liabilities to any user for any direct, indirect, implied, punitive, special, incidental or other consequential damages arising from any use of the Content on this website, which is provided without warranties. The views expressed in the Content by the guests, if any, are their own and do not necessarily represent the views or opinions of Kalkine Media. Some of the images/music that may be used on this website are copyrighted to their respective owner(s). Kalkine Media does not claim ownership of any of the pictures displayed/music used on this website unless stated otherwise. The images/music that may be used on this website are taken from various sources on the internet, including paid subscriptions or are believed to be in public domain. We have made reasonable efforts to accredit the source wherever it was indicated as or found to be necessary.

This disclaimer is subject to change without notice. Users are advised to review this disclaimer periodically for any updates or modifications.

Two ASX Listed Stocks Giving Bullish Indications

Recent Articles

Investing Tips

Previous Next
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.