ADNOC Drilling plans to borrow $1 billion to refinance existing debt and fund future growth, including potential acquisitions ...

The company will refinance a term loan worth $500 million and revolving facility for $750 million maturing in Oct. 2025, CFO ...

This agreement strengthens our long-standing partnership with Indian Oil and is a testament to the dynamic and robust energy ...

Adnoc Drilling, the Middle East's biggest drilling company, has reported a more than 21 per cent rise in fourth-quarter ...

Reports all-time high EBITDA of $2.01bn, up 36% and $1.304bn in net profit, up 26%; Issues guidance to touch $5bn revenue in ...

ADNOC achieved what it said is the biggest placement on the Abu Dhabi exchange, raising about $2.84 billion from issuing 3.1 billion shares in its integrated gas processing arm to institutional ...

In addition to the listing of ADNOC Gas, the biggest oil producer in the UAE also recently set up a new investment company focusing on low-carbon business, chemicals, and natural gas. Dubbed XRG ...

ADNOC Drilling, a division of the state oil company in the United Arab Emirates, wants to refinance its debt due later this year, totaling $1.25 billion.

Abu Dhabi’s state energy company is seeking to raise 10.4 billion dirhams ($2.84 billion) from a secondary offering in its ...

Full-year EBITDA: $2.01 billion, up 36% year-on-year, with a 50% margin Full-year net profit: $1.3 billion, up 26% year-on-year, with a 32% margin Integrated 23 new rigs into operations ...

Adnoc Drilling Company today reported a record ... At the end of Q4 2024, the fleet consisted of 142 owned rigs. In 2024 the Company operationalized 23 rigs, including two jack-up rigs set to ...