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Saudi Aramco Nabors Drilling Company

Company Summary

Description

The Joint Venture will leverage Nabors' established business in Saudi Arabia to begin operations, with a focus on Saudi Arabia's existing and future onshore oil and gas fields. Saudi Aramco and Nabors will each contribute land rigs to the Joint Venture in the first years of operation along with capital commitments toward future onshore drilling rigs which will be manufactured in Saudi Arabia.

Related Entities

Recent news

  • 2/11/2023 - Nabors Awarded Contract... (subscriber access)
  • 6/29/2018 - NOV Signs Agreement with... (subscriber access)
  • 12/4/2017 - Nabors & Saudi Aramco Officially Launch Joint Venture Company
  • 5/22/2017 - NOV Enters Into 50-Rig,... (subscriber access)
  • 10/31/2016 - Saudi Aramco and Nabors... (subscriber access)