Unlocking
Energy For Life

“Our nine-month performance reflects the strength of ADNOC Drilling’s business model, the resilience of our highly contracted revenue base and the successful execution of our growth strategy. We continue to deliver consistent financial performance while investing in the capabilities, technologies and partnerships that will support the next phase of our growth.

“Our continued performance and strong cash generation enable us to invest in future growth while delivering enhanced shareholder returns through our progressive dividend policy, including a $175 million discretionary dividend, the first tranche of which will be paid this quarter.

“The launch of Drill-to-Operate is a natural evolution of ADNOC Drilling. For decades, we have been trusted to construct some of the region’s most complex wells. We are now extending that capability across the full well lifecycle to capture more value from every well and expand the markets and services in which we operate.

“Through Oilfield Services, Turnwell, Enersol, regional expansion and AI-enabled technologies, we are building a broader, more diversified energy services business, creating new pathways for sustainable growth while continuing to deliver attractive returns for shareholders.”

Abdulla Ateya Al Messabi

Chief Executive Officer, ADNOC Drilling