# ADNOC Drilling to acquire 80% of MB Petroleum Services

ADNOC Drilling entered into a definitive agreement to acquire 80% of MB Petroleum Services, a drilling and oilfield services provider with operations in Oman, Kuwait, Saudi Arabia and Bahrain. The enterprise value of the transaction is $204 million.

- Type: Acquisition
- Announced: 2025-11-05
- Where: Abu Dhabi, United Arab Emirates
- Value: $204.0M
- Status: announced
- Products: drilling services, oilfield services
- Sectors: [Mining Equipment](https://endata.com/sectors/mining-equipment.md)

## Companies

- [ADNOC Drilling](https://endata.com/companies/66336.md) (acquirer)
- [MB Petroleum Services](https://endata.com/companies/88276.md) (target)

## Sources

- [mbpetroleum.com](https://mbpetroleum.com/adnoc-drilling-partners-with-mb-petroleum-services-in-their-gcc-land-drilling-and-ofs-business/), 2025-11-05: "ADNOC Drilling Company PJSC announced today that it has entered into definitive agreement to acquire 80% of MB Petroleum Services."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.