When was ADNOC founded?

ADNOC was founded in 1971 and raised its 1st funding round 47 years after it was founded.

Where is ADNOC located?

ADNOC is headquartered in Abu Dhabi, United Arab Emirates.

How many employees does ADNOC have?

As of Jul 31, 2026, the latest employee count at ADNOC is 51571.

Is ADNOC a funded company?

ADNOC is a funded company, having raised an undisclosed amount across 9 funding rounds to date. The company's 1st funding round was a $***** Post IPO round, raised on Feb 13, 2018.

When was the latest funding round of ADNOC?

ADNOC's latest funding was a $***** Post IPO round on Aug 29, 2025, with participation from 0 investor.

Where does ADNOC rank among its competitors?

ADNOC ranks 14th amongst 4351 active competitors, of which 182 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was ADNOC, which secured $317M in Aug, 2025.

Who are the top competitors of ADNOC?

ADNOC's top competitors include Shell, MET Petroleum AG and Dominion Energy. Among them, ADNOC secured the most recent funding round in August, 2025.

ADNOC - 2026 Company Profile, Funding & Competitors

ADNOC is a public company based in Abu Dhabi (United Arab Emirates), founded in 1971. It operates as a Provider of natural gas & oil distributor, processing, and refining services. ADNOC has raised an undisclosed amount in funding. The company has 4351 active competitors, including 182 funded and 1112 that have exited. Its top competitors include companies like Shell, MET Petroleum AG and Dominion Energy.

Company Details

In 2022, the company recorded annual revenues of $2.67B and a net profit of $0.8B.

Website: adnoc.ae
Social
Phone Number: +971 **********

Key Metrics

Founded Year

1971

Location

Abu Dhabi, United Arab Emirates

Stage

Public

Latest Funding Round

Post IPO, Aug 29, 2025, $*****

Investors

GIC & 15 more

Ranked

14^th among 4351 active competitors

Employee Count

51,571 as on Jul 31, 2026

Investment & Acquisitions

Storegga Geotechnologies & 6 more

Similar Companies

Shell & 4758 more

Exit Details

Public

View ADNOC's full profile

ADNOC got listed on Dec 13, 2017.

Click here to take a look at ADNOC's IPO in detail

ADNOC has raised funding over 9 rounds. Its first funding round was on Feb 13, 2018. ADNOC has 16 institutional investors.

Here is the list of recent funding rounds of ADNOC:

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Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Aug 29, 2025	3681887	Post IPO	5852778	3922323	1488741	2110011
Jul 10, 2024	2930422	Post IPO	4657843	5324685	2278609	BP Ventures & 3 more
Feb 19, 2023	4393499	Post IPO	8568015	9464410	1661866	TAQA

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View details of ADNOC's funding rounds and investors

ADNOC's employee count trend

ADNOC has 51,571 employees as of Jul 26. Here is ADNOC's employee count trend over the years:

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Top competitors of ADNOC include Shell, MET Petroleum AG and Dominion Energy. Here is the list of Top 10 competitors of ADNOC, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Shell 1907, London (United Kingdom), Public	Provider of natural gas & oil exploration, refining, midstream, and upstream services	-	Pierce Mason Private Equity, Europa & 4 others	78/100
2nd	MET Petroleum AG 2012, Zug (Switzerland), Acquired	Provider of natural gas, power, oil, LNG/LPG, and power generation services	$58.7M	Keppel Infrastructure, UBS & 1 others	73/100
3rd	Dominion Energy 1983, United States, Acquired	Producer and transporter of energy	-	TD Securities, Coast Funding & 7 others	73/100
4th	TotalEnergies 1924, Paris (France), Public	Integrated energy company producing and marketing energy sources	-	Global Infrastructure Partners, BPE Partners ... & 5 others	73/100
5th	Hera 2002, Bologna (Italy), Public	Diversified multi-utility and waste management services	$9.86M	CDP Equity, Europa & 1 others	72/100
6th	Sunoco 1889, United States, Early Stage	Petroleum products distribution company	$350K	Bank of America, FEMA & 1 others	72/100
7th	YPF 1922, Buenos Aires (Argentina), Public	Provider of natural gas & oil exploration and transportation services	-	BNP Paribas, Santander Bank & 4 others	71/100
8th	California Resources Corporation 2014, Los Angeles (United States), Public	Provider of oil & gas exploration and production services	$550M	Kimmeridge, Ares Management & 3 others	71/100
9th	Enbridge 1949, Calgary (Canada), Public	Provider of liquid storage, transportation and distribution services	-	Stifel, PSP Investments & 2 others	71/100
10th	ORLEN 2001, Plock (Poland), Public	Provider of oil refinery services	-	PAAN CAPITAL, Europa & 1 others	70/100
14th	ADNOC 1971, Abu Dhabi (United Arab Emirates), Public	Provider of natural gas & oil distributor, processing, and refining services	-	GIC, Shell & 14 others	69/100

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ADNOC has made 5 investments in companies including Storegga Geotechnologies and Revterra. ADNOC has also acquired 2 companies including Fertiglobe and ZMI.

Here is the list of investments & acquisitions:

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Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Jan 08, 2024	Investments	Storegga Geotechnologies	2019	Aberdeen (United Kingdom)
Dec 16, 2023	Acquisition	Fertiglobe	1980	Abu Dhabi (United Arab Emirates)
Dec 10, 2023	Investments	Revterra	2018	Houston (United States)