ADNOC Drilling Finalizes MB Petroleum JV, Expands Regional Fleet

🇦🇪 Offshore Engineer (AE) —
ADNOC Drilling Finalizes MB Petroleum JV, Expands Regional Fleet

AI Summary

ADNOC Drilling has finalized its acquisition of an 80% stake in MB Petroleum Services, forming a joint venture aimed at expanding its operational fleet throughout Gulf markets. This move enhances ADNOC's position within the competitive drilling sector.

ADNOC Drilling has completed its acquisition of an 80% stake in MB Petroleum Services (MBPS), forming a joint venture that expands its presence across Gulf markets…

Markets Deals Energy ADNOC drilling MB Petroleum joint venture Gulf markets energy acquisition

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