ADNOC Companies List: All Group Subsidiaries Explained
Reviewed August 2026 against ADNOC’s Corporate Strategy disclosures, IndexBox’s H1 2026 earnings roundup, and Gulf News reporting on ADNOC’s listed subsidiaries.
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ADNOC โ the Abu Dhabi National Oil Company โ is a single state-owned parent with a group of operating subsidiaries and six separately listed companies on the Abu Dhabi Securities Exchange. The ADNOC group companies list runs from upstream production units (ADNOC Onshore, ADNOC Offshore) through gas and LNG, refining, distribution, drilling, and logistics. Below is the full subsidiary list, what each one actually does, and the H1 2026 numbers that show which units carry the group’s revenue and profit.
- 1. ADNOC Companies List: Every Subsidiary
- 2. ADNOC Group at a Glance: Production and Reserves
- 3. The Six Listed Subsidiaries: H1 2026 Financials
- 4. ADNOC Gas, LNG and the Ruwais Expansion
- 5. Subsidiary Comparison Table
- 6. How to Check ADNOC’s Current Figures Yourself
- 7. ADNOC’s Link to Mining, Infrastructure and Supply Chains
- 8. Farmonaut & Satellite-Based Mineral Detection
- 9. Frequently Asked Questions
- 10. Summary
ADNOC Companies List: Every Subsidiary
ADNOC is wholly owned by the Abu Dhabi government and structured as a holding company over a set of operating subsidiaries, several of which have been partially listed to outside investors on the Abu Dhabi Securities Exchange (ADX) since 2017. The distinction matters for anyone searching “adnoc subsidiaries” or “adnoc group companies”: some units are 100%-owned operating arms with no public shares, while six are minority-listed public companies that report their own quarterly earnings.
Core operating subsidiaries (adnoc group companies)
- ADNOC Onshore โ exploration, production, and reservoir management of onshore crude oil and natural gas fields across Abu Dhabi’s emirate.
- ADNOC Offshore โ extraction and operation of offshore oil and gas assets across the Arabian Gulf’s major fields.
- ADNOC Gas (formerly ADNOC LNG plus gas processing) โ liquefaction, processing, and export of natural gas and LNG; publicly listed.
- ADNOC Refining โ converts crude oil into refined fuels and petrochemical feedstocks at Ruwais and other sites.
- ADNOC Gas Processing โ stabilization and processing of raw natural gas ahead of industrial and export use.
- ADNOC Distribution โ retail and wholesale fuel distribution; publicly listed, operates the group’s service-station network.
- ADNOC Logistics & Services (ADNOC L&S) โ pipeline transport, marine shipping, and integrated logistics; publicly listed.
- ADNOC Drilling โ onshore and offshore drilling rigs and well-services; publicly listed.
- Fertiglobe โ ADNOC’s ammonia and nitrogen-fertilizer joint venture with OCI, one of the world’s largest seaborne exporters of the product; publicly listed.
- Borouge โ polyolefins and petrochemicals joint venture with Borealis; publicly listed.
That gives ten commonly cited names on the adnoc companies list, of which six are the ADX-listed entities referenced in ADNOC’s own H1 2026 group reporting: ADNOC Gas, ADNOC Distribution, ADNOC Drilling, ADNOC Logistics & Services, Fertiglobe, and Borouge. The remaining upstream and refining units โ ADNOC Onshore, ADNOC Offshore, and ADNOC Refining โ stay wholly owned by the parent and do not publish standalone quarterly results.
If you searched “adnoc companies” or “adnoc group” expecting one master list with identical detail on every entry, the real structure is two tiers: wholly owned upstream/refining units with no public filings, and six ADX-listed subsidiaries whose revenue, profit, and EBITDA are disclosed every quarter.
ADNOC Group at a Glance: Production and Reserves
Before breaking down individual companies, the group-level numbers set the scale. According to ADNOC’s Corporate Strategy disclosures, the group’s current crude oil production capacity stands at 4.85 million barrels per day, with a stated target of 5 million barrels per day by 2027. That capacity represents 4.8% of global crude oil production, per ADNOC’s corporate profile as reported by The National News.
ADNOC holds 91.5 billion barrels of proven crude oil reserves, a figure cited in the same ranking that places ADNOC among the top ten oil and gas companies worldwide by reserve base. On the gas side, current natural gas production capacity is 11.5 billion cubic feet per day. Downstream, ADNOC exports 40 million metric tons of refined products annually.
These are group-wide figures covering all upstream subsidiaries combined โ ADNOC does not break out onshore versus offshore barrels per day in its current public disclosures. If you need a company-level production split rather than group totals, ADNOC’s investor relations page and its Corporate Strategy page are the primary sources, and neither currently publishes that breakdown; treat any per-subsidiary barrel count you see elsewhere as an estimate unless it cites ADNOC or ADX filings directly.
The Six Listed Subsidiaries: H1 2026 Financials
This is the section an AI Overview can’t hand you cleanly, because it requires pulling together each subsidiary’s own quarterly disclosure rather than a general description of “ADNOC’s business.” Across the six ADX-listed companies, combined H1 2026 revenue reached $25.3 billion, with combined net profit of $4.8 billion and combined EBITDA of $7.8 billion, according to IndexBox’s H1 2026 report on the group’s listed entities.
Two subsidiaries with individually reported figures for the period:
- ADNOC Drilling posted H1 2026 revenue of $2.46 billion and net profit of $706 million, per Gulf News‘s coverage of the company’s offshore oilfield growth.
- ADNOC Distribution sold 7.75 billion litres of fuel in H1 2026, also reported by Gulf News in the same period.
- ADNOC Logistics & Services reported H1 2026 revenue of $3.67 billion, according to Economy Middle East‘s coverage of the group’s listed companies.
Individual H1 2026 revenue for ADNOC Gas, Fertiglobe, and Borouge was not itemized in the sources gathered for this article. Each files its own quarterly results with the ADX and posts investor presentations on its own site; if you need the current-quarter breakdown for any one of the six, that’s the fastest path โ faster than waiting for a roundup piece to aggregate it for you.
ADNOC Gas, LNG and the Ruwais Expansion
ADNOC’s LNG operations run through Das Island, which has a current liquefaction capacity of 6 million tonnes per annum, according to ADNOC Gas’s own operations disclosures. That capacity is set to nearly triple: the group’s total LNG capacity, including the Ruwais LNG expansion, is projected to reach 15 million tonnes per annum by 2028, per Oil & Gas Journal‘s reporting on what it describes as ADNOC Gas’s largest-ever processing expansion.
That 2.5x capacity increase is the single largest publicly confirmed expansion in the group’s gas segment and is the main reason ADNOC Gas, not the older “ADNOC LNG” name, is now the entity to track if you’re researching the group’s LNG trajectory. The Ruwais project’s completion is tracked through ADNOC Gas’s own investor relations channel and quarterly earnings calls rather than a single fixed announcement, since large industrial expansions of this type routinely shift by quarters as construction milestones are hit.
On US-specific LNG trade: current search sources do not break out US import volumes or US destination ports for ADNOC’s LNG cargoes. Global LNG trade flows report roughly 60% of volumes moving to Asia and 20% to Europe in aggregate industry figures, but that aggregate does not isolate ADNOC specifically or identify a US buyer share. To get an actual US-import figure, the right source is the US Energy Information Administration’s LNG import statistics cross-referenced against vessel-tracking data for ADNOC-origin cargoes โ that data was not part of this research pass.
Subsidiary Comparison Table
| Subsidiary | Segment | Listed on ADX? | Key H1 2026 / Current Figure | Source |
|---|---|---|---|---|
| ADNOC Onshore | Upstream oil & gas | No (wholly owned) | Contributes to group 4.85 million bpd capacity | ADNOC Corporate Strategy |
| ADNOC Offshore | Offshore upstream | No (wholly owned) | Contributes to group 4.85 million bpd capacity | ADNOC Corporate Strategy |
| ADNOC Gas | Gas processing & LNG | Yes | 6 MTPA LNG now, 15 MTPA group total by 2028 | Oil & Gas Journal |
| ADNOC Refining | Downstream refining | No (wholly owned) | 40 million metric tons refined products exported annually | The National News |
| ADNOC Distribution | Fuel retail | Yes | 7.75 billion litres sold, H1 2026 | Gulf News |
| ADNOC Logistics & Services | Shipping & pipelines | Yes | $3.67 billion revenue, H1 2026 | Economy Middle East |
| ADNOC Drilling | Drilling & well services | Yes | $2.46 billion revenue / $706 million net profit, H1 2026 | Gulf News |
| Fertiglobe | Ammonia & fertilizers | Yes | Part of six-company $25.3 billion combined revenue, H1 2026 | IndexBox |
| Borouge | Petrochemicals | Yes | Part of six-company $25.3 billion combined revenue, H1 2026 | IndexBox |
How to Check ADNOC’s Current Figures Yourself
The one part of this article that will not go stale is the method for refreshing it. ADNOC’s six listed subsidiaries each file quarterly, and updated combined figures typically surface through energy-sector reporting outlets like IndexBox and through ADNOC’s own investor-relations page (adnoc.ae/investor-relations) about four to six weeks after each quarter closes. If you’re reading this more than a quarter after August 2026, the $25.3 billion H1 2026 combined-revenue figure above has already been superseded โ go to the investor-relations page directly rather than trusting a cached summary.
- For group production capacity and reserves: ADNOC’s Corporate Strategy page (adnoc.ae/en/ourstrategy/responsible-growth) is updated annually and is the primary source for the 4.85 million bpd figure and the 2027 target.
- For LNG capacity milestones: ADNOC Gas investor relations and quarterly earnings calls track Ruwais construction progress; expansion completion dates shift with construction milestones, so treat any single date as provisional until confirmed on an earnings call.
- For quarterly financials on any one of the six listed companies: that company’s own ADX filing or investor presentation, not a third-party aggregate.
- For OPEC-linked production forecast revisions: ADNOC’s crude output guidance is revisited at OPEC’s quarterly meetings as global market conditions shift, so a capacity target stated today can move with the next OPEC decision.
When you see an “ADNOC companies list” article citing a specific bpd or tonnage figure per subsidiary, check whether it names a source and a date. Group-level totals (4.85 million bpd, 91.5 billion barrels of reserves) are documented; individual onshore-vs-offshore splits are not currently published, so any such figure you encounter elsewhere is someone’s estimate.
ADNOC’s Link to Mining, Infrastructure and Supply Chains
ADNOC is not a mining company, but its infrastructure and logistics scale creates real downstream demand for mining and materials sectors. Refinery and pipeline expansion โ including the Ruwais LNG build-out โ draws on steel, concrete, and specialized mineral inputs sourced through regional and global supply chains. ADNOC Logistics & Services’ marine fleet and pipeline network, and ADNOC Distribution’s retail infrastructure, depend on the same raw-materials pipeline that mining and mineral-processing companies feed.
- Infrastructure investment in gas processing and LNG (the 15 MTPA 2028 target) drives sustained demand for structural steel and specialized alloys.
- Fertiglobe’s ammonia exports connect ADNOC’s group structure to global agricultural input supply chains, though US-specific import volumes into American ports were not available in the sources for this article โ USDA fertilizer trade statistics are the correct source to pull that figure.
- Logistics and shipping capacity built for hydrocarbon export doubles as strategic capacity for broader industrial and materials trade in the Gulf region.
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Group Revenue Contribution Calculator
Estimate what share of the six-company H1 2026 combined revenue a given subsidiary’s figure represents, using the $25.3 billion baseline reported by IndexBox.
Assumes figures you enter are for the same reporting period (e.g. both H1 2026). Excludes intercompany eliminations and currency conversion effects; ADNOC reports primarily in AED, converted here at the same rate used in the cited source. Does not account for wholly owned units (ADNOC Onshore, Offshore, Refining) since they don’t publish standalone revenue.
Frequently Asked Questions
-
What companies are in the ADNOC group?
The ADNOC group companies list includes wholly owned units โ ADNOC Onshore, ADNOC Offshore, and ADNOC Refining โ plus six ADX-listed subsidiaries: ADNOC Gas, ADNOC Distribution, ADNOC Drilling, ADNOC Logistics & Services, Fertiglobe, and Borouge. -
What are ADNOC’s subsidiaries and which ones are publicly listed?
ADNOC Gas, ADNOC Distribution, ADNOC Drilling, ADNOC Logistics & Services, Fertiglobe, and Borouge are the six subsidiaries listed on the Abu Dhabi Securities Exchange. Combined, they reported $25.3 billion in H1 2026 revenue, $4.8 billion in net profit, and $7.8 billion in EBITDA, per IndexBox. -
Is ADNOC Drilling part of the ADNOC companies list, and how did it perform in H1 2026?
Yes โ ADNOC Drilling is one of the six listed subsidiaries. It reported $2.46 billion in H1 2026 revenue and $706 million in net profit, according to Gulf News’s coverage of its offshore oilfield growth. -
How big is ADNOC compared to other global oil and gas companies?
ADNOC’s current crude production capacity of 4.85 million barrels per day represents 4.8% of global crude oil output, and its 91.5 billion barrels of proven reserves place it among the world’s top ten oil and gas companies by reserves, per The National News. -
What is ADNOC’s LNG capacity, and is it expanding?
Current Das Island liquefaction capacity is 6 million tonnes per annum. With the Ruwais LNG project, ADNOC Gas’s total group LNG capacity is projected to reach 15 million tonnes per annum by 2028, per Oil & Gas Journal. -
Which ADNOC subsidiaries connect to mining and infrastructure supply chains?
ADNOC Onshore, Offshore, Gas Processing, and Logistics & Services generate demand for steel, concrete, and mineral inputs used in pipeline and refinery construction, indirectly linking to mining-sector materials flows in the region. -
How can mining and exploration companies benefit from satellite-based mineral detection?
Farmonaut’s satellite-based mineral detection and 3D mapping help identify priority exploration zones rapidly and cut costs. Visit our satellite-based mineral detection page for details.
Summary
The ADNOC companies list splits cleanly into two groups: wholly owned upstream and refining units (ADNOC Onshore, Offshore, Refining) that don’t publish standalone financials, and six ADX-listed subsidiaries โ ADNOC Gas, Distribution, Drilling, Logistics & Services, Fertiglobe, and Borouge โ that reported a combined $25.3 billion in H1 2026 revenue, $4.8 billion net profit, and $7.8 billion EBITDA. Group-wide, ADNOC’s crude capacity sits at 4.85 million barrels per day against a 5 million bpd target by 2027, backed by 91.5 billion barrels of proven reserves.
For anyone tracking this group going forward, the durable approach is checking each listed subsidiary’s own ADX filing each quarter rather than relying on a static list โ the entities themselves are stable, but their production, revenue, and capacity figures move every reporting period.
Meanwhile, the materials and infrastructure demand tied to projects like ADNOC’s LNG expansion connects to modern mineral exploration, where Farmonaut’s satellite-driven intelligence is unlocking faster, lower-impact discovery. Contact us to explore satellite-based mineral detection for your next project.

