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Weatherford to sell drilling rigs business in MideastWeatherford, a top oilfield service firm, has signed an agreement with ADES International Holding for the sale of its land drilling rig operations in Algeria, Kuwait and Saudi Arabia as well as two idle land rigs in Iraq for $287.5 million. More… |
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Weatherford to sell drilling rigs business in MideastWeatherford, a top oilfield service firm, has signed an agreement with ADES International Holding for the sale of its land drilling rig operations in Algeria, Kuwait and Saudi Arabia as well as two idle land rigs in Iraq for $287.5 million. More… |
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ADES plans expansion in Iraq, UAELondon-based ADES International Holding, a leading oil and gas drilling and production services provider in the Middle East and Africa, said it is stepping up operations in Iraq and the UAE. In its results for the first half (H1) More… |
