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.
Verified · updated 24 Oct 2026
Key facts
$4.90 bn
Revenue
ADNOC Drilling Company P.J.S.C. — audited consolidated financial statements, 31 December 2025 (ADX)·FY2025·source dated 11 Feb 2026·updated 24 Oct 2026·About this indicator
$1.45 bn
Net income
ADNOC Drilling Company P.J.S.C. — audited consolidated financial statements, 31 December 2025 (ADX)·FY2025·source dated 11 Feb 2026·updated 24 Oct 2026·About this indicator
Ownership and relationships
- parent company:ADNOCADNOC Drilling — condensed interim financial statements, 31 March 2026 · as of 8 May 2026 ↗
- holds ADNOC's shares:XRGADNOC Drilling — condensed interim financial statements, 31 March 2026 · as of 8 May 2026 ↗
- Chief Executive Officer:Abdulla Ateya Al MessabiADNOC Drilling — FY2025 results release (12 Feb 2026) · source dated 12 Feb 2026 ↗
Key people
- Abdulla Ateya Al Messabi · Chief Executive Officer, ADNOC Drilling
History
| Key indicators | Period | Value | Source |
|---|---|---|---|
| Revenue | FY2025 | $4.90 bn | ADNOC Drilling Company P.J.S.C. — audited consolidated financial statements, 31 December 2025 (ADX)·FY2025·source dated 11 Feb 2026·updated 24 Oct 2026 |
| Revenue | FY2024 | $4.03 bn | ADNOC Drilling Company P.J.S.C. — audited consolidated financial statements, 31 December 2025 (ADX)·FY2024·source dated 11 Feb 2026·updated 24 Oct 2026 |
| Net income | FY2025 | $1.45 bn | ADNOC Drilling Company P.J.S.C. — audited consolidated financial statements, 31 December 2025 (ADX)·FY2025·source dated 11 Feb 2026·updated 24 Oct 2026 |
| Net income | FY2024 | $1.30 bn | ADNOC Drilling Company P.J.S.C. — audited consolidated financial statements, 31 December 2025 (ADX)·FY2024·source dated 11 Feb 2026·updated 24 Oct 2026 |