Money and business in the Middle East.

Companies

ADNOC Drilling

United Arab Emirates · Oil & gas drilling services · State-controlled, listed · ADX: ADNOCDRILL · Founded 1972 · Abu Dhabi

ADNOC Drilling is listed on the Abu Dhabi Securities Exchange and was created in 1972 as the first subsidiary under full ADNOC ownership, according to its 2025 results release. Its audited 2025 consolidated statements report revenue of USD 4,902,886 thousand and profit after tax of USD 1,448,781 thousand, against USD 4,034,222 thousand and USD 1,303,566 thousand in 2024. The release puts 2025 EBITDA at USD 2.2 billion and total 2025 dividends at USD 1.0 billion, and quotes Abdulla Ateya Al Messabi as chief executive. Its interim statements to 31 March 2026 describe the company as a subsidiary of ADNOC, which remains the parent after the shares moved to XRG.

adnocdrilling.ae ↗

Key facts

No verified figure held yet.

Ownership and relationships

Key people

  • Abdulla Ateya Al Messabi · Chief Executive Officer, ADNOC Drilling

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