UAE’s Adnoc Drilling Partners with MBPS for GCC Land Drilling

published:06/11/2025 09:14 GMT

Adnoc Drilling has entered into definitive agreement to acquire 80 per cent of MB Petroleum Services (MBPS), one of the leading drilling and oilfield services (OFS) providers in the region with operations in Oman, Kuwait, Saudi Arabia and Bahrain. This transaction marks its second acquisition in the region, subject to regulatory approvals. This deal is expected to significantly accelerate Adnoc Drilling’s regional expansion strategy, adding scale and capability and strengthening presence in...More