Saudi Aramco NOV Joint Venture
Company Summary
Description
The joint venture will be supported by a commitment from the recently announced Saudi Aramco Nabors Drilling Company to purchase fifty (50) onshore drilling rigs over a ten (10)-year period, and the joint venture will have the opportunity to supply, through an exclusivity agreement, Saudi Arabia, GCC and MENA region. NOV will own a 70% interest in the joint venture, while Saudi Aramco will own 30%.
Recent news
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6/29/2018 - NOV Signs Agreement with... (subscriber access)
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5/22/2017 - NOV Enters Into 50-Rig,... (subscriber access)
News & Press Releases
Criterion News
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6/29/2018 - NOV Signs Agreement with... (subscriber access)
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5/22/2017 - NOV Enters Into 50-Rig,... (subscriber access)
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