ADNOC Drilling sets new benchmark with record $1.45bn profit in 2025

ABU DHABI — ADNOC Drilling Company PJSC has officially recorded the strongest financial year in its history, posting a record $1.45 billion net profit for 2025. This 11% year-on-year increase highlights the company's successful transformation into a regional, technology-led energy services giant.

The results, announced Wednesday, reveal a year defined by massive operational scale and a significant leap in technology-driven efficiency.

The company’s top-line performance saw a dramatic surge, with revenue climbing 22% to $4.9 billion. This growth was converted into high-octane shareholder returns, supported by an industry-leading 35% Return on Equity (ROE).

Segment growth: The rise of Oilfield Services (OFS)

While traditional drilling remained steady, the Oilfield Services segment was the standout performer of 2025. OFS revenue skyrocketed 80% to $1.46 billion, fueled by increased Integrated Drilling Services (IDS) and a surge in unconventional activity.

Onshore drilling grew 8% to $2.04 billion, supported by the expansion of the fleet and a regional benchmark for "mile-a-day" drilling, while offshore drilling reached $1.4 billion (+6%) as new jack-up rigs entered service and rig conversions were completed.

Operational prowess and the "AI Effect"

CEO Abdulla Ateya Al Messabi described 2025 as a "defining year," crediting the record results to a combination of disciplined capital allocation and the aggressive adoption of AI-powered technologies.

"Through execution excellence and technology-led efficiency, we continue our transformation into the region's most advanced energy services company," Al Messabi stated.

Dividends and 2026 outlook

Following the record performance, the Board recommended a final dividend that brings the total for 2025 to $1 billion. Looking ahead, ADNOC Drilling has established a dividend floor of $1.05 billion for 2026, representing a 5% guaranteed growth under its multi-year framework.

For 2026, the company expects revenue to hit the $5 billion milestone, supported by a fleet that is projected to grow to over 150 rigs by 2028.