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Sustainability

For nearly 50 years ADNOC Drilling has drilled wells to enable ADNOC to sustainably unlock Abu Dhabi’s oil and gas wealth for the benefit of the nation.

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Corporate Video

Corporate Governance

ADNOC Drilling has historically held a strong corporate governance framework which has matured since 2020 and further enhanced pre-IPO to be fully aligned with SCA's corporate governance guidelines.

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Progressive

We harness the UAE’s spirit of innovation to ensure that our business remains at the forefront of the global energy industry.

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Collaborative

We harness the UAE’s spirit of innovation to ensure that our business remains at the forefront of the global energy industry.

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Respectful

We harness the UAE’s spirit of innovation to ensure that our business remains at the forefront of the global energy industry.

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Efficient

We harness the UAE’s spirit of innovation to ensure that our business remains at the forefront of the global energy industry.

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Scam Alert

Fraudsters are advertising fake investment opportunities. ONLY refer to official ADNOC Drilling channels for investor information. The fraudster poses as a representative of ADNOC Drilling, pretending to offer an opportunity to contract with ADNOC Drilling. This is either to provide goods or services to ADNOC Drilling or to propose an investment opportunity.  Often - but not always - the fraud involves a request for you to pay money to them in order to win the contract or participate in the investment.
ADNOC Drilling will never ask for money from a third party to participate in its procurement process or in order to be considered for a business or investment opportunity.
 

Tab Item 1

Based on the successful start of our hydraulic fracturing operations, we plan to drill 100% of ADNOC's unconventional wells, including about an estimated 300 wells to unlock vast gas reserves from our Ruwais Diyab concession area.

Based on the successful start of our hydraulic fracturing operations, we plan to drill 100% of ADNOC's unconventional wells, including about an estimated 300 wells to unlock vast gas reserves from our Ruwais Diyab concession area.

Based on the successful start of our hydraulic fracturing operations, we plan to drill 100% of ADNOC's unconventional wells, including about an estimated 300 wells to unlock vast gas reserves from our Ruwais Diyab concession area.

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Tab Item 2

Based on the successful start of our hydraulic fracturing operations, we plan to drill 100% of ADNOC's unconventional wells, including about an estimated 300 wells to unlock vast gas reserves from our Ruwais Diyab concession area.

Based on the successful start of our hydraulic fracturing operations, we plan to drill 100% of ADNOC's unconventional wells, including about an estimated 300 wells to unlock vast gas reserves from our Ruwais Diyab concession area.

Based on the successful start of our hydraulic fracturing operations, we plan to drill 100% of ADNOC's unconventional wells, including about an estimated 300 wells to unlock vast gas reserves from our Ruwais Diyab concession area.

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Tab Item 3

Based on the successful start of our hydraulic fracturing operations, we plan to drill 100% of ADNOC's unconventional wells, including about an estimated 300 wells to unlock vast gas reserves from our Ruwais Diyab concession area.

Based on the successful start of our hydraulic fracturing operations, we plan to drill 100% of ADNOC's unconventional wells, including about an estimated 300 wells to unlock vast gas reserves from our Ruwais Diyab concession area.

Based on the successful start of our hydraulic fracturing operations, we plan to drill 100% of ADNOC's unconventional wells, including about an estimated 300 wells to unlock vast gas reserves from our Ruwais Diyab concession area.

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Tab Item 4

Based on the successful start of our hydraulic fracturing operations, we plan to drill 100% of ADNOC's unconventional wells, including about an estimated 300 wells to unlock vast gas reserves from our Ruwais Diyab concession area.

Based on the successful start of our hydraulic fracturing operations, we plan to drill 100% of ADNOC's unconventional wells, including about an estimated 300 wells to unlock vast gas reserves from our Ruwais Diyab concession area.

Based on the successful start of our hydraulic fracturing operations, we plan to drill 100% of ADNOC's unconventional wells, including about an estimated 300 wells to unlock vast gas reserves from our Ruwais Diyab concession area.

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Our strategy is fivefold:

Based on the successful start of our hydraulic fracturing operations, we plan to drill 100% of ADNOC's unconventional wells, including about an estimated 300 wells to unlock vast gas reserves from our Ruwais Diyab concession area. Based on the successful start of our hydraulic fracturing operations, we plan to drill 100% of ADNOC's unconventional wells, including about an estimated 300 wells to unlock vast gas reserves from our Ruwais Diyab concession area. Based on the successful start of our hydraulic fracturing operations, we plan to drill 100% of ADNOC's unconventional wells, including about an estimated 300 wells to unlock vast gas reserves from our Ruwais Diyab concession area.
Based on the successful start of our hydraulic fracturing operations, we plan to drill 100% of ADNOC's unconventional wells, including about an estimated 300 wells to unlock vast gas reserves from our Ruwais Diyab concession area. Based on the successful start of our hydraulic fracturing operations, we plan to drill 100% of ADNOC's unconventional wells, including about an estimated 300 wells to unlock vast gas reserves from our Ruwais Diyab concession area. Based on the successful start of our hydraulic fracturing operations, we plan to drill 100% of ADNOC's unconventional wells, including about an estimated 300 wells to unlock vast gas reserves from our Ruwais Diyab concession area.
Based on the successful start of our hydraulic fracturing operations, we plan to drill 100% of ADNOC's unconventional wells, including about an estimated 300 wells to unlock vast gas reserves from our Ruwais Diyab concession area. Based on the successful start of our hydraulic fracturing operations, we plan to drill 100% of ADNOC's unconventional wells, including about an estimated 300 wells to unlock vast gas reserves from our Ruwais Diyab concession area. Based on the successful start of our hydraulic fracturing operations, we plan to drill 100% of ADNOC's unconventional wells, including about an estimated 300 wells to unlock vast gas reserves from our Ruwais Diyab concession area.
Based on the successful start of our hydraulic fracturing operations, we plan to drill 100% of ADNOC's unconventional wells, including about an estimated 300 wells to unlock vast gas reserves from our Ruwais Diyab concession area. Based on the successful start of our hydraulic fracturing operations, we plan to drill 100% of ADNOC's unconventional wells, including about an estimated 300 wells to unlock vast gas reserves from our Ruwais Diyab concession area. Based on the successful start of our hydraulic fracturing operations, we plan to drill 100% of ADNOC's unconventional wells, including about an estimated 300 wells to unlock vast gas reserves from our Ruwais Diyab concession area.
Based on the successful start of our hydraulic fracturing operations, we plan to drill 100% of ADNOC's unconventional wells, including about an estimated 300 wells to unlock vast gas reserves from our Ruwais Diyab concession area. Based on the successful start of our hydraulic fracturing operations, we plan to drill 100% of ADNOC's unconventional wells, including about an estimated 300 wells to unlock vast gas reserves from our Ruwais Diyab concession area. Based on the successful start of our hydraulic fracturing operations, we plan to drill 100% of ADNOC's unconventional wells, including about an estimated 300 wells to unlock vast gas reserves from our Ruwais Diyab concession area.
Based on the successful start of our hydraulic fracturing operations, we plan to drill 100% of ADNOC's unconventional wells, including about an estimated 300 wells to unlock vast gas reserves from our Ruwais Diyab concession area. Based on the successful start of our hydraulic fracturing operations, we plan to drill 100% of ADNOC's unconventional wells, including about an estimated 300 wells to unlock vast gas reserves from our Ruwais Diyab concession area. Based on the successful start of our hydraulic fracturing operations, we plan to drill 100% of ADNOC's unconventional wells, including about an estimated 300 wells to unlock vast gas reserves from our Ruwais Diyab concession area.
Based on the successful start of our hydraulic fracturing operations, we plan to drill 100% of ADNOC's unconventional wells, including about an estimated 300 wells to unlock vast gas reserves from our Ruwais Diyab concession area. Based on the successful start of our hydraulic fracturing operations, we plan to drill 100% of ADNOC's unconventional wells, including about an estimated 300 wells to unlock vast gas reserves from our Ruwais Diyab concession area. Based on the successful start of our hydraulic fracturing operations, we plan to drill 100% of ADNOC's unconventional wells, including about an estimated 300 wells to unlock vast gas reserves from our Ruwais Diyab concession area.
Based on the successful start of our hydraulic fracturing operations, we plan to drill 100% of ADNOC's unconventional wells, including about an estimated 300 wells to unlock vast gas reserves from our Ruwais Diyab concession area. Based on the successful start of our hydraulic fracturing operations, we plan to drill 100% of ADNOC's unconventional wells, including about an estimated 300 wells to unlock vast gas reserves from our Ruwais Diyab concession area. Based on the successful start of our hydraulic fracturing operations, we plan to drill 100% of ADNOC's unconventional wells, including about an estimated 300 wells to unlock vast gas reserves from our Ruwais Diyab concession area.

Progressive

We harness the UAE’s spirit of innovation to ensure that our business remains at the forefront of the global energy industry.

Explore

Collaborative

We harness the UAE’s spirit of innovation to ensure that our business remains at the forefront of the global energy industry.

Explore

Respectful

We harness the UAE’s spirit of innovation to ensure that our business remains at the forefront of the global energy industry.

Explore

Dividends and Dividend Policy

Our dividend policy is designed to reflect our expectation of strong cash flow and our expected long-term earnings potential, while allowing us to retain sufficient capital to fund ongoing operating requirements and continued investment for long-term growth.
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Operational and Financial Highlights

ADNOC Drilling in FY2023 generated total revenue of $3.1 billion, achieving a year-on-year increase of 14% from $2,269 million. Top line performance also led to a 20% jump in EBITDA to $1,483 million from $1,232 million in the prior year period with reported net profit of $1,033 million in 2023, an increase of 29% from $802 million in 2022.
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Reports, Presentations and Announcements

Quick access to our documents illustrating our operational and financial performance; corporate reports, presentations and regulatory announcements, since our initial listing on the Abu Dhabi Securities Exchange (ADX) on 3 October 2021.
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Corporate Governance Reports

2020 Corporate Governance Report (English)
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2020 Corporate Governance Report (English)
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2020 Corporate Governance Report (English)
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Frequently Asked Questions

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Downloads

2020 Corporate Governance Report (English)
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2020 Corporate Governance Report (English)
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2020 Corporate Governance Report (English)
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2020 Corporate Governance Report (English)
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2020 Corporate Governance Report (English)
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2020 Corporate Governance Report (English)
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Latest Announcement

13 February 2024

ADNOC Drilling Announces Robust Results For 2023: Net Profit Exceeds $1 Billion, Up 29% Year-on-Year Beating Market Expectations​

 

 


Press Release