ADNOC Group’s Financial Performance in H1 2025
ADNOC Group's six publicly listed companies reported a combined net profit of AED17.3 billion ($4.7 billion) in the first half of 2025. This strong performance is supported by the integration of advanced Artificial Intelligence (AI) technologies across operations. At the core of this effort is MEERAi, ADNOC’s proprietary AI platform delivering real-time, data-driven insights to improve operational decisions.
AI applications across ADNOC Gas, ADNOC Distribution, ADNOC Drilling, ADNOC Logistics & Services, Fertiglobe, and Borouge are optimising processes, lowering emissions, and enhancing customer experiences.
ADNOC Gas
- Q2 2025 net income: AED5.1bn ($1.385bn), up 16% year-on-year (YoY)
- EBITDA: AED8.3bn ($2.256bn), up 8%
- Interim dividend: AED6.6bn ($1.792bn), up 5%, payable in September
- Capital expenditure: increased 49% with progress on the $5bn (AED18.36bn) Rich Gas Development Phase 1
- Upcoming FTSE Index inclusion: ADNOC Gas will join the FTSE Index in September after MSCI inclusion
ADNOC Distribution
- EBITDA: AED2.08bn ($566m), up 10% YoY
- Net profit: AED1.32bn ($358m), up 12.2% YoY
- Network expansion: Added 47 new service stations in H1; full-year target raised to 60–70
- Export growth: Voyager lubricant exports now reach over 47 countries
- H1 2025 dividend: 10.285 fils per share, payable in October
ADNOC Drilling
Operating one of the world's largest offshore rig fleets with 47 offshore rigs, ADNOC Drilling reported strong growth.
- Revenue: AED8.71bn ($2.37bn), up 30% YoY
- EBITDA: AED3.97bn ($1.08bn), up 19% YoY
- Net profit: AED2.54bn ($692m), up 21% YoY
- New contract awards: AED17.63bn ($4.8bn)
- Upgraded guidance: Full-year revenue expected between $4.65–4.80bn; net profit $1.375–1.45bn
ADNOC Logistics & Services
ADNOC L&S strengthened its earnings potential through strategic fleet expansion backed by long-term contracts.
- Revenue: AED4.62bn ($1.26bn), up 40% YoY
- EBITDA: AED1.47bn ($400m), up 31% YoY
- Guidance: Increased 2025 revenue, EBITDA, and net income forecasts
- Dividend: Annual dividend expected to rise 5% to $287m (AED1.05bn)
Fertiglobe
- Revenue growth: 14% increase in Q2 and 20% in H1 YoY
- Adjusted EBITDA: Up 26% in Q2 and 36% in H1
- Dividends: At least $100m (AED367m) proposed for H1
- Share buybacks: $31m (AED113.7m) in Q2; total shareholder return $131m (AED480.5m)
- Investment focus: Low-carbon ammonia projects and downstream capability expansion
Borouge
- Q2 net profit: $193m (AED709m)
- Adjusted EBITDA: $440m (AED1.616bn) in Q2; $1bn (AED3.673bn) in H1
- Dividend plans: Increase 2025 dividend to 16.2 fils per share; interim 8.1 fils payable in September
- Value delivery: Achieved $307m (AED1.13bn) through AI, digitalisation, and technology initiatives
The consistent half-year results demonstrate ADNOC’s approach of combining technology with disciplined growth. This strategy positions the group as a forward-thinking energy leader focused on sustainable, long-term value creation.
For operations professionals interested in how AI is driving efficiencies in energy and industrial sectors, exploring AI training resources can provide practical knowledge to apply similar advancements in your work. Visit Complete AI Training's latest AI courses for more information.
Your membership also unlocks: