Prøve GULL - Gratis
ADNOC Drilling's Al-driven expansion fuels record growth
Oil and Gas News
|April 2025
With Al revolutionising drilling operations, predictive maintenance, and oilfield services, ADNOC Drilling is well-positioned to integrate new technologies and expand its global footprint
-
A DNOC Drilling is accelerating its expansion with a strong focus on artificial Lintelligence (AI) and digital transformation, positioning itself as a leader in energy services.
With record-breaking financial performance in 2024 and a commitment to further growth, the company is leveraging Al-driven efficiency, expanding its fleet, and targeting strategic acquisitions across key global markets.
In 2024, ADNOC Drilling achieved record revenue of $4.034 billion, a 32 per cent increase year-on-year, while EBITDA surged 36 per cent to $2.01 billion. Its net profit doubled since its 2021 listing, reaching $1.30 billion in 2024.
Abdulrahman Abdulla AI Seiari, CEO ADNOC Drilling, attributed this success to the company's strategic investments and its embrace of Al-powered drilling technology.
"Our targeted expansion across the region, Al-powered rigs and cutting-edge oilfield services position us for even greater success. As we accelerate innovation through Enersol and unlock Abu Dhabi's unconventional energy potential through Turnwell, ADNOC Drilling remains at the forefront of the industry - driving efficiency, sustainability and long-term progressive returns for our shareholders." AI has become a critical tool in ADNOC Drilling's expansion strategy, enhancing drilling efficiency, predictive maintenance, and automation.
Denne historien er fra April 2025-utgaven av Oil and Gas News.
Abonner på Magzter GOLD for å få tilgang til tusenvis av kuraterte premiumhistorier og over 9000 magasiner og aviser.
Allerede abonnent? Logg på
FLERE HISTORIER FRA Oil and Gas News
Oil and Gas News
Baker Hughes to buy Chart
Baker Hughes has announced that shareholders of Chart Industries (Chart)approved its acquisition, expected to finalise in mid-2026 pending regulatory approvals.
1 min
November 2025
Oil and Gas News
Regional summits to enhance skills of maintenance, shutdown professionals
TWO 2025, providing regional events are set to take place in November and December platforms for professionals to enhance their skills, share knowledge, and address current challenges in the fields of maintenance, reliability, shutdowns, and turnarounds.
1 mins
November 2025
Oil and Gas News
AMSG stresses need for African-led exploration, beneficiation
MOSES Engadu, Secretary-General of the Africa Minerals Strategy Group (AMSG), highlighted the urgent need for structural reforms focused on diplomacy, enhanced African capital mobilisation, and the protection of digital sovereignty.
1 min
November 2025
Oil and Gas News
IEA estimates 4,600GW rise in renewables by 2030
RENEWABLE electricity generation is rapidly expanding worldwide, with global capacity projected to more than double by 2030, according to the International Energy Agency (IEA).
1 min
November 2025
Oil and Gas News
Dana Gas, Crescent boost Khor Mor capacity by 50pc
DANA Gas, the Middle East's leading private sector and publicly-listed natural gas company, and Crescent Petroleum, the region's private upstream oil and gas company, have announced the start of commercial gas sales from the KM250 gas expansion project (KM250) at the Khor Mor facility in the Kurdistan Region of Iraq (KRI).
1 min
November 2025
Oil and Gas News
World Utilities Congress 2026 to highlight energy opportunities
THE World Utilities Congress 2026, hosted by TAQA, will address critical challenges and opportunities related to energy transition, water security, and digitalisation.
1 min
November 2025
Oil and Gas News
Cenovus raises offer to acquire MEG Energy
Cenovus Energy has amended its arrangement agreement from August 21, 2025, to acquire MEG Energy.
1 min
November 2025
Oil and Gas News
Can EVs help break Pakistan's dependency on fossil fuel?
The country hopes to increase electric vehicle adoption with its new policy, but a deep dependency on fossil fuels stands in the way, writes Mohammad Bilal for Dialogue Earth
7 mins
November 2025
Oil and Gas News
EU imports $16.9bn green energy products
THE EU imported €11.1 billion ($12.8 billion) in solar panels, €2.9 billion in liquid biofuels, and €0.5 billion in wind turbines from non-EU countries, totalling nearly €14.6 billion ($16.9 billion) in green energy products, as per Eurostat data.
1 min
November 2025
Oil and Gas News
Driving precision in hydrocarbon processing analysers using Beer's Law
Advanced spectrometry ensures precise chemical measurements, enhancing efficiency and output in hydrocarbon processing while minimising emissions in refineries and chemical plants, writes Dr Harry Burton
4 mins
November 2025
Listen
Translate
Change font size

