Abu Dhabi’s ADNOC Drilling has upgraded its steering for the monetary yr 2025 after delivering report third-quarter and first 9 months outcomes, pushed by sturdy operational execution, resilient long-term contracts, and accelerated adoption of AI-powered applied sciences throughout the fleet.
Income for the primary 9 months of 2025 touched US$3.63 billion, up 27 per cent year-on-year (YoY), whereas EBITDA was up 15 per cent to US$1.64 billion. Internet Revenue jumped 17 per cent to US$1.06 billion, whereas Free Money Stream was up 174 per cent to US$1.2 billion.
The corporate launched its medium-term steering replace, growing its FY2025 income from US$4.65 billion to US$4.8 billion to US$4.75 billion to US$4.85 billion. FY2026 income anticipated at roughly US$5 billion. It mentioned FY2026 EBITDA and Internet Revenue will broadly according to FY2025.
Onshore income climbed 13 per cent YoY to US$1.52 billion, pushed by the contribution of rigs commencing operations, whereas Offshore (Jack-up & Islands) income was up 3 per cent YoY to US$1.04 billion. Oilfield Companies (OFS) was the star performer because it reached income of US$1.07 billion, up practically 114 per cent following a US$385 million contribution from unconventional enterprise and elevated built-in drilling providers (IDS) exercise.
Abdulla Ateya Al Messabi, ADNOC Drilling CEO, commented: “Our report efficiency in 2025 showcases the energy and resilience of our enterprise mannequin and disciplined execution.
“The true story is the transformational development forward. We’re scaling unconventionals to a possible of 300+ wells yearly, increasing our Built-in Drilling Companies (IDS) fleet to 70 rigs and getting ready for brand spanking new offshore island operations by the tip of the last decade.
“These milestones can add billions in new income streams, de-risked by our in-house experience and powered by our ambition to turn out to be AI-native. With our enhanced dividend coverage concentrating on no less than US$6.8 billion via 2030, ADNOC Drilling is setting a brand new world commonplace for dependable, rising shareholder returns.”
The Board of Administrators authorized a 3Q 2025 dividend of US$250 million (roughly 5.7 fils per share), payable within the second half of November 2025. The corporate has additionally introduced an enhanced dividend framework, concentrating on no less than US$6.8 billion in distributions from 2025 to 2030, which can be offered for approval on the subsequent Annual Basic Meeting.
