ADNOC Drilling Company PJSC (ADNOC Drilling) announced that shareholders approved all resolutions at its Annual General Meeting (AGM), including the final 2025 dividend, bringing total dividend payments for the year to $1 billion.
Record 2025 Performance
ADNOC Drilling delivered its strongest results in history in 2025:
- Revenue: $4.9 billion, up 22% year-on-year
- Net profit: $1.45 billion, up 11% year-on-year
- Core drilling operations contributed approximately 90% of full-year net income.
Dr. Sultan Ahmed Al Jaber, Chairman of ADNOC Drilling, said:
“Shareholders’ approval of a $1 billion dividend and a 5% minimum increase to our 2026 payout reflects strong confidence in ADNOC Drilling’s strategy and long-term value proposition.”
He emphasized the company’s focus on operational excellence, technology and AI adoption, and safe, efficient scaling, while navigating regional challenges.
Dividend Details
- Final dividend for 2025: $250 million (≈5.7 fils/share)
- Total 2025 dividend: $1 billion (≈23 fils/share)
- Payment date: End of April 2026
- Board recommended minimum 5% annual increase in dividends from 2026 through at least 2030, supported by strong free cash flow and disciplined capital allocation.
Growth and Strategic Initiatives
ADNOC Drilling continues to expand its Integrated Drilling Services (IDS) and oilfield services, strengthen unconventional resource development, and advance regional operations. Key highlights:
- Strategic investments in SLDC, Turnwell, and Enersol
- Technology- and AI-enabled performance improvements
- Scalable unconventional capabilities that are returns accretive
- Regional expansion to compound value while maintaining capital efficiency
Outlook
ADNOC Drilling remains supported by:
- Strong long-term fundamentals and clear visibility over contracted activity
- Resilient cash generation and disciplined growth strategy
- Commitment to safety, operational excellence, and sustainable shareholder value
Now ranked among the top 10 most profitable companies on the Abu Dhabi Securities Exchange (ADX), the company enters its next phase with a robust balance sheet, scaled IDS capabilities, and growing regional presence.
