Adnoc Drilling, the largest drilling operator in the Middle East by rig count, has announced its financial results for the first nine months of 2026. The company achieved a record revenue of $3.7 billion, representing a growth of over 2 per cent compared to the previous year. This performance was bolstered by the expansion of both onshore and offshore drilling activities, alongside the integration of regional operations. Net profit attributable to shareholders saw a slight increase of 0.7 per cent, reaching $1.07 billion, up from $1.06 billion during the same period in 2025. Additionally, the company reported that its earnings before interest, taxes, depreciation, and amortisation (Ebitda) rose by 2 per cent to $1.66 billion. These figures were officially disclosed in a filing with the Abu Dhabi Securities Exchange.
Source : The National
Photo : The National
