Arabian Drilling Company (ADC), a drilling subsidiary of Saudi Arabia’s Industrialization and Energy Services Company (TAQA), plans to acquire Schlumberger’s Middle East onshore drilling rigs business in Kuwait, Oman,...
Schlumberger’s Saudi drilling business will be acquired by Khobar-based Arabian Drilling Company (ADC), Zawya reported citing Reuters. Around 49% of Schlumberger’s drilling work in Saudi Arabia will be owned by ADC. A...
Saudi Arabia’s Arabian Drilling Company (ADC) has shown interest in purchasing Dalma Energy, in a deal which could value the land rig operator at more than $500m, Ecofin Agency Oil and Gas reported. ADC is inter...