ADNOC Drilling to acquire 80% stake in MB Petroleum Services as Gulf oil-services consolidation continues

ADNOC Drilling, the UAE-based drilling arm, has announced its plan to acquire an 80% stake in MB Petroleum Services, a regional oil-services company, extending its footprint in the offshore and on-shore oil-services market.

Source: Economy Middle East.

November 6, 2025
3:15 am

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