Latest News
ADNOC Drilling Completes MB Petroleum Services Joint Venture, Advancing Regional Growth Strategy
Abu Dhabi, UAE – May 4, 2026: ADNOC Drilling Company PJSC (“ADNOC Drilling” or the “Company”) (ADX symbol: ADNOCDRILL / ISIN: AEA007301012) announced today the completion of its transaction to acquire an 80% stake of MB Petroleum Services (“MBPS”), a drilling and...
MBPS Secures Contract Awards for Four Additional Rigs
In January 2026, MB Petroleum Services (MBPS) secured contract awards for four additional land drilling rigs, with deployment expected to commence from the second half of 2026 into the first half of 2027. The contracts include three rigs in Kuwait and one rig in Oman,...
ADNOC Drilling Partners with MB Petroleum Services in their GCC Land Drilling and OFS Business
Abu Dhabi, UAE – November 5, 2025: ADNOC Drilling Company PJSC (“ADNOC Drilling” or the “Company”) (ADX symbol: ADNOCDRILL / ISIN: AEA007301012) announced today that it has entered into definitive agreement to acquire 80% of MB Petroleum Services (MBPS), one of the...