ADNOC Drilling Co PJSC 2021 AR2
The report outlines ADNOC Drilling's operational and financial performance for the fiscal year 2021, highlighted by its historic Initial Public Offering on the Abu Dhabi Securities Exchange. As the largest national drilling company in the Middle East, the company expanded its fleet to 107 rigs and achieved a 96% fleet utilization rate, delivering 549 wells. Financially, the company achieved a revenue of $2.27 billion, representing an 8% year-on-year growth, and a net income of $604 million. ADNOC Drilling also advanced its technological capabilities through its Real Time Monitoring Centre and Remote Operations Services, while maintaining a strong commitment to health, safety, and the environment, including achieving a total recordable incident rate of 0.8 and zero spills for four consecutive years.
Company: ADNOC Drilling Co PJSC
Sector: Mining & quarrying
Country: United Arab Emirates
Year: 2021
Type: AR2
Pages: 61
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ADNOC Drilling Co PJSC
Annual Report
The report outlines ADNOC Drilling's operational and financial performance for the fiscal year 2021, highlighted by its historic Initial Public Offering on the Abu Dhabi Securities Exchange. As the largest national drilling company in the Middle East, the company expanded its fleet to 107 rigs and achieved a 96% fleet utilization rate, delivering 549 wells. Financially, the company achieved a revenue of $2.27 billion, representing an 8% year-on-year growth, and a net income of $604 million. ADNOC Drilling also advanced its technological capabilities through its Real Time Monitoring Centre and Remote Operations Services, while maintaining a strong commitment to health, safety, and the environment, including achieving a total recordable incident rate of 0.8 and zero spills for four consecutive years.
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Document Details
Report Year
2021
Reporting Period
Jan 1, 2021 - Dec 31, 2021
Fiscal Year
2021
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Women on Board
Employees