The Middle East's

Top 100 Listed
Companies 2022

54. ADNOC Drilling *

Country: U.A.E.

Sector: Energy

CEO: Abdulrahman Abdullah Al Seiari

Market Value: $16.2 billion

Sales: $2.3 billion

Profits: $604 million

Assets: $5.1 billion

ADNOC Drilling was ADNOC’s first fully-owned subsidiary. In October 2021, the company became a publicly-traded company on ADX after its $1.1 billion IPO. The company owns 99 rigs, making it one of the largest fleets in the Middle East. It employs 8,000 people. In December 2021, the company signed a five-year $3.8 billion drilling services agreement with ADNOC Onshore for the continued provision of drilling and well services.