High visibility, captive growth, substantial earnings and cash flow generation
Drilling is a strategic business of the oil and gas value chain and ADNOC Drilling is a key asset of ADNOC, the Abu Dhabi National Oil Company, whose mission is to manage the vast hydrocarbon reserves and main source of income of the Emirate of Abu Dhabi. As the sole provider of drilling services in Abu Dhabi, we benefit from a unique relationship and a contractual framework with the Group that provides us with an unmatched visibility on our long-term top line growth, returns and cash flow generation.
At the heart of the ADNOC upstream ecosystem, we have, since 1972, built an impressive track record of strong operational and financial performance. Today, as the first national integrated drilling services provider in the region, we are adding a full range of oil field services to our original drilling offering, and are in an advantageous position to serve ADNOC’s ambitious long-term plans to further increase its crude production and to unlock new unconventional gas resources.
Transformational growth is underway as we continue to deliver strong performance and record results. But the real story is what’s ahead – ADNOC Drilling’s next chapter is bold, driven by our people, powered by ambition and built to lead the future of energy with scale, speed and certainty.
Abdulla Ateya Al Messabi, ADNOC Drilling CEO
05 November 2025
ADNOC Drilling Partners with MB Petroleum Services in their GCC Land Drilling and OFS Business
09 December 2025
11:15 - 11:40 UAE time
“ADX Capital Markets Forum, Emirates NBD Stage, Champions of the Falcon Economy, Abdulla Al Messabi, ADNOC Drilling CEO”
On October 27, 2025, the Board of Directors approved the third-quarter 2025 dividend of $250 million, approximately 5.7 fils per share, and all shareholders were paid in the second half of November 2025.
Dividend Policy
Our Operations are organized into three reporting segments: Onshore, Offshore (Jack-up and Islands) and Oil Field Services (OFS).
Onshore Drilling is our largest segment generating 47% of 2024 revenues.
Offshore (Jack-up and Islands) is the second contributor to our business accounting for 33% of 2024 revenues.
Oil Field Services (OFS) accounted for 20% of our revenues in 2024.
Established in 2018, the segment allowed ADNOC Drilling to become the first Integrated Drilling Services provider in the Middle East and is expected to grow significantly over the next decade.
Scam Alert
Fraudsters are advertising fake investment opportunities. ONLY refer to official ADNOC Drilling channels for investor information. The fraudster poses as a representative of ADNOC Drilling, pretending to offer an opportunity to contract with ADNOC Drilling. This is either to provide goods or services to ADNOC Drilling or to propose an investment opportunity.
Often - but not always - the fraud involves a request for you to pay money to them in order to win the contract or participate in the investment.
ADNOC Drilling will never ask for money from a third party to participate in its procurement process or in order to be considered for a business or investment opportunity.