E&P PIF deal cuts risk for ADES of contract renegotiations 24/03/2021 By Ed Reed Saudi Arabia’s purchase of ADES International reduces the risk that the company’s contracts be cancelled or renegotiated, Fitch Ratings has said.
Middle East Aramco pauses Shelf contract 16/06/2020 By Ed Reed Saudi Aramco has paused its contract for the High Island IV jack-up rig, owned by Shelf Drilling.
Oil & Gas Rowan sells two jack-up rigs to its Saudi Aramco JV in £200m deal 11/10/2018 By Allister Thomas Offshore driller Rowan has sold two jack-up rigs to its Saudi Aramco joint venture in a deal worth £202million.
Middle East ARO Drilling wins four contracts from Saudi Aramco for Rowan jack-ups 30/04/2018 By Allister Thomas ARO Drilling has won four contracts from Saudi Aramco for Rowan jack-up rigs.
