Reports over US$ 26bn in forward-contracted revenues
ADNOC Logistics and Services (ADNOC L&S) announced the successful completion of a US$ 317mn institutional placement of approximately 222 million shares, representing 3% of its total share capital, by ADNOC Group.
The placement was approximately seven times oversubscribed, one of the highest levels recorded for a regional secondary offering, underscoring strong investor confidence in ADNOC L&S’s strategic direction, financial resilience, and long-term growth outlook.
“We are delighted to welcome our new shareholders and grateful for the trust placed in ADNOC L&S. This placement underscores the strength of our business, the resilience of our operating model, and the confidence the market has in our long-term strategy. As we celebrate 50 years of maritime excellence, we remain focused on executing our growth strategy, driving innovation, and creating sustainable shareholder value,” stated Captain Abdulkareem Al Masabi, CEO, ADNOC L&S.
Energy transformational goals
With over US$ 26bn in forward-contracted revenues, supported by 960 years of secured contracts across its Integrated Logistics, Shipping, and Services segments, ADNOC L&S is well-positioned to deliver sustained profitability while supporting ADNOC’s global growth ambitions and energy transformation goals.
The Company’s strategic fleet expansion, including new LNG carriers and VLECs, underpins its commitment to operational excellence and enhanced service capabilities.
ADNOC L&S builds on a legacy of nearly five decades of operational excellence. The Company’s 50th anniversary this year marks its transformation into a diversified global energy maritime logistics provider.
The Company recently reported record-breaking H1- and Q2-2025 results, with Q2- revenue up 40% year-on-year to US$ 1,258mn and net profit rising 14% to US$ 236mn.
