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ADNOC divisions report strong Q1 results

ADNOC Drilling has recorded a 19% increase in year-on-year revenue to US$4716mn, with Offshore Jack-up and Oilfield Services (OFS) recording increases of 28% an ....

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Adnoc Gas, Drilling report strong revenue, profit growth in Q1 2023

Adnoc Gas reports $1.3b net income, and Adnoc Drilling reports $219m net profit ....

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Adnoc Drilling Q1 net profit jumps 25pc to $219m

Adnoc Drilling Company has seen its first-quarter (Q1) net profit jump 25% to $219 million on the back of a 19% increase in revenue to $716 million, supported by increased activity coupled with improved operational efficiencies.
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ADNOC Drilling Announces Strong 1Q 2023 Year-on-Year Earnings Growth, Driven by Accelerated Rig Fleet and Service Offering Expansion

Net profit increases by 25% year-on-year, supported by increased activity coupled with improved operational efficienciesRevenue growth of 19% year-on-year, enabled by new rigs entering the operational fleet in second half of 2022Oilfield Services segment ....

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