ADNOC Logistics and Services plc (ADNOC L&S), a global energy maritime logistics firm, has completed a $317 million institutional placement. This involved approximately 222 million shares, equating to 3% of its total share capital, by ADNOC Group. The placement was oversubscribed by about seven times, highlighting strong investor confidence in the company's strategic direction and financial stability.

The transaction has increased ADNOC L&S’s free float from 19% to 22%, enhancing liquidity and expanding access to a broader institutional investor base. This move also strengthens the company's presence on the Abu Dhabi Securities Exchange (ADX). The expanded shareholder base could lead to potential inclusion in the MSCI Index during the next quarterly review, further boosting its global investor profile.

With over $26 billion in forward-contracted revenues, ADNOC L&S is poised for sustained profitability. The company supports ADNOC’s global growth ambitions and energy transformation goals through its Integrated Logistics, Shipping, and Services segments. Its strategic fleet expansion includes new LNG carriers and VLECs, demonstrating a commitment to operational excellence.

Despite being formally established only a few years ago through the consolidation of ADNOC’s maritime and logistics assets, ADNOC L&S builds on nearly five decades of operational excellence. Celebrating its 50th anniversary this year marks its evolution into a diversified global energy maritime logistics provider.

The company recently reported record-breaking results for H1 and Q2 2025. Q2 revenue increased by 40% year-on-year to $1,258 million. EBITDA rose by 31% to $400 million, while net profit grew by 14% to $236 million. These figures underscore ADNOC L&S's robust financial performance.

Captain Abdulkareem Al Masabi, CEO of ADNOC L&S, expressed gratitude for the trust placed in the company: "We are delighted to welcome our new shareholders and grateful for the trust placed in ADNOC L&S. This placement underscores the strength of our business, the resilience of our operating model, and the confidence the market has in our long-term strategy."

Commitment to Long-Term Success

Following this placement, ADNOC retains a strategic 78% ownership stake in ADNOC L&S. This reaffirms its long-term commitment to the company's success. With a diverse global customer base spanning over 50 countries and served by 19 offices, ADNOC L&S continues to strengthen its position as a trusted partner in global energy maritime logistics.

The company's legacy of nearly five decades is marked by maritime excellence. As it celebrates its 50th anniversary this year, ADNOC L&S remains focused on executing its growth strategy while driving innovation and creating sustainable shareholder value.