
Adnoc Drilling Completes MBPS Stake Deal
Adnoc Drilling has completed its $204 million acquisition of an 80% stake in MB Petroleum Services, expanding operations across four Gulf markets.

Adnoc Drilling has completed its $204 million acquisition of an 80% stake in MB Petroleum Services, expanding operations across four Gulf markets.

Lianson Fleet Group and PV Drilling have agreed to review joint activities in Malaysia’s offshore drilling sector. Their planned partnership includes rig ownership, chartering and service support, with an initial target of two jack-up units. A shareholders’ agreement is expected in early 2026.
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