Companies
ADNOC Logistics & Services (ADNOC L&S)
United Arab Emirates · Shipping, logistics and marine services · State-controlled, listed · ADX: ADNOCLS · Abu Dhabi
ADNOC Logistics & Services is a public company incorporated in Abu Dhabi Global Market on 19 April 2023 and listed on the Abu Dhabi Securities Exchange. Its audited 2025 consolidated statements report revenues of USD 5,016,112 thousand and profit attributable to equity holders of USD 838,541 thousand, against USD 3,549,330 thousand and USD 756,170 thousand in 2024. Note 1 names ADNOC as ultimate parent, says ADNOC transferred its majority shareholding to XRG on 11 September 2025, and gives ADNOC's holding at the reporting date as 78% of the issued share capital, with 22% held by the public. The company's November 2025 results release names Captain Abdulkareem Al Masabi as chief executive.
Verified · updated 24 Oct 2026
Key facts
$5.02 bn
Revenue
ADNOC Logistics & Services plc — audited consolidated financial statements, 31 December 2025 (ADX)·FY2025·source dated 10 Feb 2026·updated 24 Oct 2026·About this indicator
$838.5 mn
Net income
ADNOC Logistics & Services plc — audited consolidated financial statements, 31 December 2025 (ADX)·FY2025·source dated 10 Feb 2026·updated 24 Oct 2026·About this indicator
Ownership and relationships
- parent company:ADNOCADNOC Logistics & Services plc — audited consolidated financial statements, 31 December 2025 (ADX) · read on 24 Oct 2026 ↗
- holds ADNOC's majority shareholding:XRGADNOC Logistics & Services plc — audited consolidated financial statements, 31 December 2025 (ADX) · read on 24 Oct 2026 ↗
- Chairman:Sultan Ahmed Al JaberADNOC Logistics & Services plc — audited consolidated financial statements, 31 December 2025 (ADX) · read on 24 Oct 2026 ↗
- Chief Executive Officer:Abdulkareem Al MasabiADNOC L&S — Q3 2025 results release (11 Nov 2025) · source dated 11 Nov 2025 ↗
Key people
- Abdulkareem Al Masabi · Chief Executive Officer, ADNOC Logistics & Services
History
| Key indicators | Period | Value | Source |
|---|---|---|---|
| Revenue | FY2025 | $5.02 bn | ADNOC Logistics & Services plc — audited consolidated financial statements, 31 December 2025 (ADX)·FY2025·source dated 10 Feb 2026·updated 24 Oct 2026 |
| Revenue | FY2024 | $3.55 bn | ADNOC Logistics & Services plc — audited consolidated financial statements, 31 December 2025 (ADX)·FY2024·source dated 10 Feb 2026·updated 24 Oct 2026 |
| Net income | FY2025 | $838.5 mn | ADNOC Logistics & Services plc — audited consolidated financial statements, 31 December 2025 (ADX)·FY2025·source dated 10 Feb 2026·updated 24 Oct 2026 |
| Net income | FY2024 | $756.2 mn | ADNOC Logistics & Services plc — audited consolidated financial statements, 31 December 2025 (ADX)·FY2024·source dated 10 Feb 2026·updated 24 Oct 2026 |