Saudi Arabia's TAQA plans to acquire two North American firms
TAQA has allocated about $1.2bln for new investments and acquisitions in North America and the Middle East and North Africa regions
Reuters News - 07-May-2019
Arabian Drilling Co.
Also known as: ADC Last updated on: 23 September 2019
fast facts
Business SummaryDrilling of crude oil and natural gas; provides offshore contracting.Country of IncorporationSaudi ArabiaOwnership TypeGovernmentEstablished In1964Primary SectorOil and GasNumber of Employees3435Latest News
energy
Saudi Taqa plans to acquire two N American firms
Taqa has allocated approximately $1.2bln for new investments and acquisitions
TradeArabia - 06-May-2019Saudi ADC acquires Schlumberger's offshore drilling platforms
This deal also forecasts to boost Arabian Drilling Company’s supplies
Mubasher - 29-Apr-2019Saudi Taqa buys Schlumberger Mideast rigs business for $415mln
The transaction transforms Arabian Drilling Company into a regional drilling leader with one of the largest rig fleets
TradeArabia - 28-Apr-2019Saudi ADC to acquire Schlumberger's Saudi drilling business -Al Maal
ADC is a partnership between the Industrialization & Energy Services Company and Services Petroliers Schlumberger S.A
Reuters News - 21-Apr-2019Contact details
Primary address
Arabian Drilling Co. BuildingPrince Sultan Street
Ash Sharqiyah Area
4110
Saudi Arabia
Al Khobar
31952
Region
Eastern ProvinceCONTACT
- Tel: +966 13-887-2020
- Tel: +966 13-829-7234
- Fax: +966 13-882-6588
- Email: info@arabdrill.com
- www.arabdrill.com
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