Gulf M&A Growth Accelerates with Billion-Dollar Moves

Gulf M&A growth is picking up speed this year, showing how regional companies are expanding with purpose. ADNOC Drilling’s latest move, acquiring an 80 percent stake in MB Petroleum Services for 204 million dollars, signals that momentum clearly. The deal boosts ADNOC drilling’s presence across Oman, Kuwait, Saudi Arabia, and Bahrain by adding 21 rigs backed by long-term contracts running until 2033. This acquisition fits ADNOC’s broader plan to build one of the most advanced regional drilling networks. It adds new assets, strengthens operational capacity, and supports its strategy to meet rising energy demand across the Gulf. Executives and analysts see