The offering witnessed exceptional demand from investors, exceeding the target value by nearly seven times, one of the highest secondary offering rates in the region, reflecting investors’ strong confidence in the company’s strategic direction, financial strength, and future growth prospects.

This deal will enhance the liquidity of “Adnoc Supply & Services” shares by increasing the free float from 19% to approximately 22%, diversifying its shareholder base by attracting more institutional investors, and expanding the company’s presence in the Abu Dhabi Securities Exchange. This paves the way for a potential inclusion in the Morgan Stanley Capital International (MSCI) index during the upcoming quarterly review, reinforcing its position with global investors.

Captain Abdul Karim Al Musabi, CEO of “Adnoc Supply & Services,” said: “We are pleased to welcome our new shareholders following this successful secondary offering, and we thank all investors for their unwavering confidence in Adnoc Supply & Services. This offering reflects the strength and resilience of our business model and our shareholders’ trust in our long-term strategy. As we celebrate 50 years of excellence in the marine logistics sector, we continue to implement our growth strategy, focusing on supporting innovation and creating sustainable value for our shareholders.”

“Adnoc Supply & Services” holds a position that enhances its ability to generate sustainable profits and supports Adnoc’s global growth ambitions and energy transition goals, backed by future contracts valued at over AED 95 billion (USD 26 billion) and secured by 960 years of guaranteed contracts across integrated marine logistics, shipping, and services sectors.

The company’s strategic fleet expansion, including liquefied natural gas carriers and giant ethane carriers, underscores its commitment to operational excellence and enhancing service capabilities.

Following the offering, Adnoc retains a strategic stake of 78%, reaffirming its commitment to supporting the long-term success of “Adnoc Supply & Services.” With a diverse global client base, 19 offices serving over 100 clients in more than 50 countries, and a strong financial track record, “Adnoc Supply & Services” continues to solidify its position as a trusted provider of marine logistics services to the global energy sector.

Although “Adnoc Supply & Services” was officially established recently through the integration of Adnoc’s shipping and marine logistics assets, it is built on a legacy of nearly five decades of operational excellence. The company’s 50th anniversary this year marks a significant milestone in its transformation into a diversified global marine logistics provider for the energy sector.

During the first half and second quarter of 2025, “Adnoc Supply & Services” achieved record business results, with second-quarter revenues rising 40% year-on-year to AED 4.618 billion (USD 1.258 billion), EBITDA growing 31% to AED 1.470 billion (USD 400 million), and net profit increasing 14% to AED 866 million (USD 236 million).