ADNOC L&S is a fully integrated global energy maritime logistics company that operates onshore and offshore energy-related logistics activities, including international energy transportation, for more than 100 customers in over 50 countries with offices in 19 cities with a vision to become the leading energy maritime logistics company of choice.
With a heritage tracing back to the formation of the Abu Dhabi National Tanker Company in 1975, ADNOC L&S was created through the merger of legacy companies ADNATCO, ESNAAD and IRSHAD in 2016, and has led the evolution of the region’s energy maritime and logistics sector, providing mission-critical and highly specialized services across the entire energy value chain.
ADNOC L&S has delivered exceptional organic and non-organic growth through fleet expansion, acquisitions, joint ventures, and innovative integrated offerings and services for a fast-growing portfolio of global customers across international markets.
Key milestones in our strategic value creation and growth program include:
• The completion of the initial public offering (IPO) on the Abu Dhabi Securities Exchange (ADX) in June 2023, raising approximately $769 million, which was the second-largest IPO in the MENA region at the time of listing and the announcement to distribute interim cash dividend of $195 million for Q2 and H2 2023, reaffirming the Company’s commitment to deliver attractive returns to its shareholders.
• The unveiling of the pioneering Integrated Logistics Services Platform (ILSP) in 2023 – one of the largest turnkey offshore logistics offerings in the world designed to enable coordinated end-to-end management of energy logistics and maritime operations.
• The transformational acquisitions of Navig8 in 2025 that added a fleet of 32 modern tankers and an expanded services portfolio, and of ZMI International in 2022 that added the world’s largest fleet of self-propelled and self-elevating jack-up barges to our asset base
• Inauguration of the UAE Gateway at KEZAD in 2022, where we own and operate one of the largest warehouses in the Middle East, dedicated to storing, handling and shipping all Borouge polymers.
• The establishment of AW Shipping Limited in 2020, our joint venture with Wanhua Chemical Group, enhancing our position in delivering liquefied petroleum gas (LPG) and other petroleum products to growing markets in Asia.
The continual expansion of our fleet with newbuild contracts for energy-efficient vessels, including eight Liquified Natural Gas Carriers (LNGCs), nine Very Large Ethane Carriers (VLECs) and four Very Large Ammonia Carriers (VLACs), the expansion of the Jack-Up Barges (JUBs) fleet to 42, and the addition of 20 offshore assets.
