ADNOC Logistics and Services (ADNOC L&S) announced that it has exercised options for two additional newbuild LNG carriers from Jiangnan Shipyard in Shanghai, China.
The agreement for the new vessels carries a total value of $444 million, with delivery scheduled for 2029.
Each vessel has a cargo capacity of 175,000 cubic metres. Upon delivery, the company expects the two carriers to be deployed on long-term charters.
Including this latest order, the firm reported that it has announced approximately $2.7 billion in vessel acquisitions and newbuild commitments during 2026.
It noted that strong profitability and cash generation continue to support its investment in fleet expansion.
With these latest acquisitions, the company's LNG carrier fleet sits at a total of 24 vessels.
The fleet comprises four legacy vessels, six newer-generation carriers delivered since the fourth quarter of 2024, and an additional 14 ships currently under construction.