ADNOC and ADNOC Drilling top 10 energy companies in the Middle East

Abu Dhabi National Oil Company (ADNOC) and ADNOC Drilling topped the list of the top 10 energy companies in the Middle East and North Africa by market capitalization, ranking second and third respectively behind Saudi Aramco.

Based on stock market and corporate financial statements, Abu Dhabi National Oil Company (ADNOC) with a value of $ 14.9 billion came in second place, while ADNOC Drilling came third with a value of $ 14.7 billion, while Saudi Aramco, the largest oil company and the second largest listed company by market capitalization in the world, took the first place with a market capitalization of $ 1.9 trillion.

It is worth noting that the list of the top 10 energy companies in the Middle East included only Gulf companies distributed between two Emirati companies, 6 Saudi companies, and two companies from Qatar.

The market capitalization of the ten companies was about $1.96 trillion.