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Welcome to the ADNOC Logistics & Services IPO

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A global energy maritime logistics leader providing market-leading, reliable and cost-competitive maritime and logistics solutions

ADNOC, the Abu Dhabi state-owned energy company, has announced its intention to float a stake in ADNOC Logistics & Services plc (“ADNOC Logistics & Services” or the “Company”), the maritime logistics arm of ADNOC Group, on the Abu Dhabi Securities Exchange (“ADX”) through an Initial Public Offering (“IPO”). ADNOC intends to offer 19% of the total issued share capital of the Company.

The ADNOC Logistics & Services IPO represents a unique opportunity for Individual Subscribers, Professional Investors, ADNOC Group Companies Employees, and UAE National Retirees to own shares in one of the largest fully integrated shipping and logistics service providers for the energy sector.

Who We Are

ADNOC Logistics & Services is a global energy maritime logistics leader and the dedicated and vital logistics arm for the ADNOC Group, providing critical and highly specialized services across ADNOC’s entire value chain.

The Company is one of the largest end-to-end, fully integrated energy logistics service providers for the energy sector, providing critical services through three key business units: Integrated Logistics, Shipping, and Marine Services.

ADNOC Logistics & Services provides market-leading, reliable and cost-competitive maritime and integrated logistics solutions to ADNOC Group companies and to over 100 global clients in more than 50 countries. 

As the logistics service provider of choice to the ADNOC Group, ADNOC Logistics & Services’ offshore energy logistics services are vital to enabling offshore production of oil in the UAE while the Company’s marine services help ensure uninterrupted operations of the petroleum ports in Abu Dhabi and safety of sea operations through oil spill response hazardous and noxious substances response operations.

The Company is also committed to sustainability across its operations, contributing to achieving the UAE’s 2050 net-zero target and ADNOC’s 2030 target of reducing emissions intensity by 25%. We are currently progressing on decarbonization ambitions by investing in a technologically advanced fleet with low fuel consumption.

Clients in more than 50 countries
Technologically advanced
shipping vessels
Approximately committed in
environment-friendly vessels
in pro forma* revenue in 2022

The Opportunity

ADNOC Logistics & Services has a well-defined and ambitious growth strategy aimed at accelerating growth by leveraging its existing relationship with the ADNOC Group companies.

ADNOC Logistics & Services is a key enabler of the global flow and export of energy commodities. As it continues to provide critical and highly specialized services across ADNOC’s entire value chain, the Company is well-positioned to benefit from ADNOC’s $150 billion investment program for the five-year period 2023 to 2027 (inclusive). ADNOC's sizable investment program, which is aimed at delivering transformative steps to make the lower carbon intensity energy that the world requires available today, while investing in the clean energies of tomorrow, is expected to serve as a major growth catalyst for the ADNOC Logistics & Services business both directly and indirectly.

View Opportunity

“ADNOC L&S is a vital component of the UAE’s energy ecosystem, providing mission-critical logistics infrastructure and services for the production and global transfer of energy commodities to customers around the world. Through our specialized business segments of integrated logistics, shipping, and marine services, we provide cost-competitive and sustainable solutions for the logistics and maritime energy sector. Our planned IPO offers an exciting opportunity to accelerate our growth, supporting ADNOC Group with its ambitious growth strategy, while further expanding the services provided to our customers and exploring new geographical areas and business verticals. With high cash flow visibility, a world class asset base, and an experienced management team supported by a highly dedicated workforce, ADNOC L&S is poised for significant growth, and set to continue delivering strong financial and operational performance, while promoting the UAE and ADNOC’s energy transition and decarbonization agenda.”

Captain Abdulkareem Al Masabi,
Chief Executive Officer of ADNOC Logistics & Services

Meet our Leadership Team

Our Timeline

10 May

Intention to Float Announcement.

16 May

Offering Commencement Date & Price Range Announcement.

23 May

Closing Date of the First Tranche and the Third Tranche.

24 May

Closing Date of the Second Tranche.

25 May

Announcement of Final Offer Price.

28 May

Allocation of First Tranche and Third Tranche.

30 May

SMS confirmation & Commencement of refunds to successful First and Third Tranche Subscribers.

1 June

Expected date of Listing of the Shares on ADX.

Documents & Timeline


How To Subscribe

The steps you need to take to subscribe to the ADNOC Logistics & Services IPO

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Recieving Banks

Registered Office

Part of level 28, 28, Al Sarab Tower, Abu Dhabi Global Market Square, Al Maryah Island, Abu Dhabi, UAE.

Investor Enquiries

Neeraj Kumar, Vice President, Investor Relations

Media Enquiries

Oliver Thompson, Vice President, Financial Communications

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