Emirates

ADNOC Gas delivers record $5.2 billion net income in 2025

ABU DHABI, 9th February, 2026 (WAM) — ADNOC Gas plc today announced a record net income of $5.2 billion, a 3 percent increase compared to 2024, demonstrating structurally resilient earnings and an ability to perform consistently through commodity cycles. The Company’s results underscored the strength of its long-term strategy, delivering record full-year results despite an […]

Emirates

ADNOC secures $2 billion K-SURE-backed green financing

ABU DHABI, 19th December, 2025 (WAM) — ADNOC has signed a $2 billion (AED7.34 billion) green financing agreement backed by Korea Trade Insurance Corporation (K-SURE) to fund lower carbon projects across its operations. The deal reinforces ADNOC’s ambition to integrate sustainable finance into its growth plans. The agreement was announced during the visit of Dr […]

Emirates

ADNOC secures landmark structured financing of up to $11 billion for Hail & Ghasha gas development

ABU DHABI, 18th December, 2025 (WAM) — Abu Dhabi National Oil Company (ADNOC), in partnership with Eni S.p.A. and PTT Exploration and Production Public Company Limited (PTTEP), on Thursday announced the successful signing of a landmark structured financing transaction of up to AED40.4 billion ($11 billion) to monetise Hail and Ghasha’s midstream future gas production. […]

Emirates

ADNOC L&S reports AED13.6 billion revenue in nine months

ABU DHABI, 11th November, 2025 (WAM) — ADNOC Logistics and Services plc today announced record-breaking financial results for the first nine months (9M) of 2025, alongside a resilient third quarter (Q3). For the nine-month period, the company’s revenue surged 39 percent year-on-year (YoY) to $3,705 million (AED13,605 million), while EBITDA rose by 30 percent YoY […]

Emirates

ADNOC L&S to join MSCI Emerging Markets Index

ABU DHABI, 6th November, 2025 (WAM) — ADNOC Logistics & Services plc (ADNOC L&S) today announced its inclusion in the MSCI Emerging Markets Index, a leading benchmark for institutional investors tracking large and mid-cap companies across 24 emerging market countries. The inclusion is effective from 25th November 2025. This milestone follows ADNOC’s successful $317 million […]

Emirates

ADNOC Drilling to acquire 80% stake in MB Petroleum Services

ABU DHABI, 5th November, 2025 (WAM) — ADNOC Drilling Company PJSC announced today that it has entered into a definitive agreement to acquire 80 percent of MB Petroleum Services (MBPS), one of the leading drilling and oilfield services (OFS) providers in the region with operations in Oman, Kuwait, Saudi Arabia and Bahrain. This transaction marks […]