Adnoc Drilling pays $217m in dividends as Q2 revenue rises 28%
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Adnoc Drilling pays $217m in dividends as Q2 revenue rises 28%
Adnoc Drilling, the listed subsidiary of state-backed oil major, the Abu Dhabi National Oil Company (Adnoc), will pay $217 million in dividends for the second quarter of 2025 after revenue jumped on the deployment of new rigs. The expected payout will be in the second half of August, the company said in a statement. The topline rose 28 percent year on year to $1.2 billion in the April to June period, supporting a 19 percent year on year growth i…
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