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.
Our record first half 2025 results once again demonstrate the strength, resilience and scalability of ADNOC Drilling. We continue to deliver outstanding financial performance, dependable shareholder returns and disciplined regional expansion, all underpinned by our commitment to deploying AI and advanced technologies. With high and visible cash flows, growing earnings and strong visibility of future returns, we remain confident in our ability to continue delivering long-term value to our shareholders.
Abdulla Ateya Al Messabi, ADNOC Drilling CEO
08 October 2025
ADNOC Drilling Board Meeting Results held on 08/10/2025
28 October 2025
3Q 2025 Results Webcast Call.
On 8 October 2025, the Board of Directors has proposed an upgrade to ADNOC Drilling’s dividend policy, which will be presented for approval at the next Annual General Assembly (AGM), further reinforcing the Company’s unique position as one of the most attractive dividend and growth opportunities on the Abu Dhabi Securities Exchange (ADX).Our Operations are organized into four reporting segments: Onshore, Offshore-Jack-ups, Offshore-Island and Oil Field Services (OFS).
Onshore Drilling is our largest segment generating 47% of 2024 revenues.
Offshore - Jack-ups is the second contributor to our business accounting for 28% of 2024 revenues.
Offshore - Island represented 5% of revenues in 2024.
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.
Our ambition is to provide efficient, reliable, and responsible drilling solutions, to create long lasting sustainable value for our people, society, and environment across our operations.
ExploreADNOC Drilling has historically held a strong corporate governance framework which has matured since 2020 and further enhanced pre-IPO to be fully aligned with SCA's corporate governance guidelines.
ExploreScam Alert
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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.