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The resident received the Abu Dhabi Award personally from President Sheikh Mohamed for her heroic action on April 19
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Adnoc and Schlumberger sign licensing agreement
Visitors check out Adnoc's pavilion at Adipec 216 in Abu Dhabi on Wednesday.
abu dhabi - Adnoc will license its proprietary offshore drilling technology for use in Schlumberger's portfolio of drilling services
According to the deal, Adnoc will license its proprietary offshore drilling technology for use in Schlumberger's portfolio of drilling services. The stabilising system for deep drilling (SSDD) technology improves offshore drilling operations by improving borehole stability and reducing drill times, with significant savings for operating companies.
The licensing agreement was signed by Adnoc's director of exploration, development and production Abdulmunim Saif Al Kindy and Schlumberger's general manager and vice-president, UAE, Djamel Idri.
Al Kindy said: "The international licensing of this technology represents an important milestone for the company. The SSDD greatly reduces complications in the offshore drilling process, where conditions are often challenging and costs are high. We are excited to see this invention shared through this global agreement, which will spread Adnoc's technological expertise worldwide."
The licensing of the SSDD system represents the first time a proprietary Adnoc technology will be commercialised abroad.
"The addition of the SSDD technology to Schlumberger's industry-leading portfolio of drilling tools and services presents an opportunity to improve drilling performance in offshore operations," said Idri.
"By minimising down-time and increasing drilling stability, operators stand to reap savings in both time and unexpected costs. We are pleased to bring Adnoc's technology to our customers and look forward to further cooperation between our companies."
Downhole stability has been a major challenge for offshore operators, where environmental concerns prevent the use of many additives to drilling fluid.
The licensing of the SSDD system, through Schlumberger, presents an economic opportunity for Adnoc and a reliable solution for operators in many of the world's most challenging operating environments.
- ashwani@khaleejtimes.com
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