Adnoc Logistics & Services (Adnoc L&S) has upgraded its full-year 2026 financial guidance, reflecting stronger-than-expected performance in the second quarter of the year.

The revised outlook incorporates actual year-to-date results and updated assumptions for the remainder of 2026, underpinned by continued strength in the company's Shipping segment.

The company noted that full-year performance remains highly dependent on regional market dynamics.

Adnoc L&S also reported improved performance in its Offshore Contracting segment, supported by a gradual increase in material handling volumes across its Integrated Logistics Services Platform (ILSP).

The updated guidance reflects higher ILSP material handling volumes while maintaining previous assumptions for the company's Jack-Up Barge fleet.

The company said its guidance for capital expenditure, leverage and dividend policy remains unchanged and continues to align with its capital allocation framework.

Adnoc L&S is scheduled to announce its second-quarter 2026 financial results on August 11, 2026. -TradeArabia News Service