Economy Local March 18, 2025

Adnoc Drilling Shareholders Approve Agenda Items

Adnoc Drilling announced the approval of shareholders on all agenda items during the annual general assembly meeting, marking a significant step for the company.


Adnoc Drilling Shareholders Approve Agenda Items

Abu Dhabi National Oil Company (ADNOC) announced that its shareholders approved all agenda items at the annual general meeting. During the meeting, reports on the financial results for 2021 were approved, and a resolution on the distribution of dividends was also adopted. One of the key topics discussed at the meeting was the company's strategy for the future. The main executive director expressed confidence that the priorities outlined in the new strategy would help achieve sustainable growth and improve financial performance indicators. "We strive to diversify our assets and investments in various areas of the energy sector, which allows us to successfully adapt to the changing market conditions," emphasized the company's head. It was also announced the establishment of a new supervisory council that will work on developing the strategy and overseeing its implementation. According to the council chairman, this will help enhance the transparency and effectiveness of the company's activities overall.