Abu Dhabi National Oil Company’s drilling subsidiary has announced unprecedented financial performance for the 2025 fiscal year, achieving a landmark net profit of $1.45 billion. The exceptional results stem from strategic regional expansion, technology-driven operational enhancements, and consistently high fleet utilization rates across all operational segments.
The company demonstrated remarkable revenue growth, climbing 22% annually to reach $4.9 billion. This financial upswing was propelled by substantial increases in both onshore and offshore drilling activities, complemented by a significant surge in oilfield services operations. The integration of artificial intelligence systems, predictive maintenance protocols, and automated workflows contributed substantially to cost reduction, safety improvements, and enhanced drilling efficiency.
Chief Executive Officer Abdulla Ateya Al Messabi characterized 2025 as a transformative period marked by operational discipline and technological innovation. Under his leadership, the organization is rapidly evolving into the Gulf region’s premier energy services provider through expanded GCC operations, AI-powered operational enhancements, and new sustainability benchmarks.
Segment analysis reveals diversified growth patterns: the onshore division generated $2.04 billion in revenue (8% increase), the offshore segment reached $1.40 billion through capacity enhancements, while oilfield services experienced an extraordinary 80% revenue surge to $1.46 billion due to expanded integrated drilling services and unconventional operations.
The company achieved several industry milestones, including drilling the world’s longest well at 55,000 feet using advanced digital systems from offshore artificial islands. Additionally, regional performance records were shattered with over 5,300 feet drilled within a 24-hour period.
Shareholders will benefit from the robust financial position through a $250 million fourth-quarter dividend recommendation, bringing total 2025 distributions to $1 billion. For 2026, the board has established a higher minimum annual dividend of $1.05 billion, supported by substantial free cash flow generation of $1.47 billion.
Future projections indicate sustained momentum through 2026, with expectations of stable revenue growth, maintained high utilization rates, and continued operational efficiencies through digital transformation. The company plans to scale integrated drilling services to approximately 70 rigs by year-end 2026, reinforcing its critical role in supporting the UAE’s long-term energy expansion strategies.