Aug 1st, 2025
Salem: Building New AI-enabled Oil Rigs
ADNOC Drilling is forging ahead with its global expansions plans with more M&A. The UAE-based firm is planning to buy a company operating oil and gas rigs in Kuwait and Oman which would be the second such deal in less than a year. Youssef Salem, CFO of ADNOC Drilling spoke to Bloomberg’s Horizons Middle East and Africa anchor Joumanna Bercetche on the expansion plans plus their use of AI.
