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Economy Events Local 2025-11-05T10:11:51+00:00

ADNOC Drilling Acquires 80% Stake in MB Petroleum Services

ADNOC Drilling has announced the signing of a definitive agreement to acquire an 80% stake in MB Petroleum Services, a company providing drilling services and operating in oil fields in Oman and Kuwait.

ADNOC Drilling Acquires 80% Stake in MB Petroleum Services

ADNOC Drilling has announced the signing of a definitive agreement to acquire an 80% stake in MB Petroleum Services, a company providing drilling services and operating in oil fields in the Sultanate of Oman and the State of Kuwait. This deal marks a significant step for ADNOC Drilling in expanding its presence in the Middle East and strengthening its position in the oil and gas services sector.

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