Company

ADNOC Drilling

7 articles from 6 sources, condensed into 2 stories this week · touches 10 players · in 5 bulletins

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ADNOC Drilling

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Stories this week

M&A

ADNOC Drilling to acquire 80% stake in MB Petroleum Services

ADNOC Drilling agreed to buy 80% of Oman-based MB Petroleum Services (enterprise value $204m / AED749m), adding 21 rigs and operations in Oman, Kuwait, Saudi Arabia and Bahrain; completion expected H1 2026.

ADNOC Drilling MB Petroleum Services Oman Kuwait Bahrain

5 sources

WAM (Emirates News Agency)Primary

Khaleej TimesPress

Gulf NewsPress

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In the bulletins

Wed 5 Nov · Midday bulletinADNOC's home spend firms up while distant bets stay minority or pending Wed 5 Nov · Opening bulletinADNOC buys rigs and builds Ruwais while far-off moves stay on paper

Tue 4 Nov · Opening bulletinGulf majors pair gas volume commitments with deeper AI stakesSign in to read

Mon 3 Nov · Closing bulletinADNOC takes AI into gas assets as binding upstream money sets the floorSign in to read

Mon 3 Nov · Midday bulletinBinding capital arrives as Eni and Petronas commit and ADNOC scales AISign in to read