HazardEx. ADNOC Drilling has received letters of award from Kuwait Oil Company (KOC) for two offshore jack-up rig contracts with a combined maximum value of KWD96.55 million (approximately US$313.6 million). ADNOC Drilling has won two offshore jackup contracts from Kuwait Oil Co. worth up to $313.6 million, marking its first offshore rig operations outside the UAE. Work is set to start in late 2027.