ADNOC Drilling joins 3 global indices

ADNOC Drilling announced that its shares have been listed in three global indices: the FTSE Emerging Markets Index, the FTSE Large Capital Index and the FTSE Global Standard Index.

Abu Dhabi National Oil Company (ADNOC) held the first meeting of the newly formed ADNOC Drilling Board of Directors, in which the budget for the year 2022 and an ambitious five-year business growth plan for ADNOC Drilling for the period from 2022 to 2026. The board has also set ambitious goals to improve the outstanding record of the company in the field of health, safety and environment and the development of a roadmap for sustainability in its operations.

The meeting of ADNOC Drilling’s board of directors comes on the heels of the great success witnessed by the initial public offering of the company’s shares and its listing on the Abu Dhabi Securities Exchange, the largest listing ever in the history of the market.

Sultan Ahmed Al Jaber, Minister of Industry and Advanced Technology, Chief Executive Officer and CEO of Abu Dhabi National Oil Company (ADNOC), said: “The inclusion of ADNOC Drilling in three of the FTSE global indices reflect the confidence of global financial markets in the strong position of the company and in the active and thriving financial markets of Abu Dhabi. This listing will help increase the attractiveness of ADNOC Drilling shares for international investors and diversify the company’s investor base. “

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