ADNOC Drilling said it had delivered its 'best year on record with 2025 net profit of $1.45 billion'. In a release sent to Rigzone on Thursday, ADNOC Drilling said it had delivered its “best year on ...

Patterson-UTI's subsidiary signs term sheet with ADNOC Drilling for minority equity interest in Turnwell Industries. Expected $1.7B contract to drill 144 wells in UAE signals Patterson-UTI's expertise ...

Agreement will accelerate the initial scope of 144 unconventional wells for delivery by Q4 2025 with potential for significant number of additional wells in the second phase ABU DHABI, United Arab ...

Abu Dhabi National Oil Company (Adnoc) has formed a strategic partnership with GE-controlled Baker Hughes (BHGE), which will also see the latter gain a 5% share in Adnoc Drilling. Under the agreement, ...

DUBAI, May 22 (Reuters) - Abu Dhabi National Oil Company plans to sell a roughly 5.5% stake in its drilling unit, more than two years after it raised $1.1 billion from an initial public offering of ...

DUBAI, May 23 (Reuters) - Abu Dhabi National Oil Company (ADNOC) (ADNOCDRILL.AD), opens new tab raised $935 million from an additional 5.5% sale of shares in its drilling unit to institutional ...

ADNOC Drilling Company, the drilling unit of Abu Dhabi’s national oil company, plans to borrow $1 billion from banks this year to refinance expiring debt, the company’s CFO Youssef Salem told ...

AD-300 machinery part of $1.54bn programme aimed at boosting output ...

ADNOC Drilling (ADX: ADNOCDRILL) announced record financial results for 2024 and shareholder approval for a final dividend payout of $394 million, bringing total dividends for the year to $788 million ...

Adnoc Drilling chief executive Abdulrahman Abdulla Al Seiari is a man on a mission to rapidly expand the fleet of one of the largest drilling players in the Middle East. While revenues shrank for most ...

ADNOC Drilling Company PJSC said it has received a letter of award for a $1.63 billion, five-year contract for integrated drilling services (IDS) from ADNOC Offshore. The contract covers the provision ...