An Adnoc drilling rig in action. Adnoc Drilling will acquire eight FlexRig land rigs from US-based Helmerich & Payne for $86.5m. Courtesy Adnoc
An Adnoc drilling rig in action. Adnoc Drilling will acquire eight FlexRig land rigs from US-based Helmerich & Payne for $86.5m. Courtesy Adnoc

Adnoc signs strategic deal with US-based Helmerich & Payne for drilling unit IPO