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Record year for ADNOC Drilling as profits soar and new growth targets set

#Industry information ·2025-11-26 13:33:37


ADNOC Drilling reported record financial performance for the third quarter and first nine months of 2025, underscoring its role as ADNOC’s upstream growth engine and a key contributor to Abu Dhabi’s long-term energy strategy.
Aramco awards Baker Hughes multi-year coiled tubing drilling contract. Baker Hughes has won a multi-year contract from Aramco to expand coiled tubing drilling operations across Saudi Arabia’s gas fields, increasing its fleet from four to ten units. The project will enhance gas recovery and support the kingdom’s drive to accelerate natural gas production.
Meanwhile, Odfjell Technology has been awarded a five-year contract to deliver fishing services for drilling and workover operations with a major oil and gas company in Kuwait, marking a continued expansion of its well services portfolio in the Middle East.
ADNOC Drilling’s outstanding performance not only reflects its strong operational capabilities in the drilling sector but also mirrors the robust development momentum of the oil and gas drilling industry in the Middle East. With new growth targets in place, it is poised to further consolidate its position in the global upstream drilling services market and provide solid support for the UAE’s energy security strategy.
(Release date: 28 October 2025  Source: World Oil)

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