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Rig boom: Saudi Aramco awards multiple drilling contracts worth $800 million - Upstream Online

Upstream Online · last updated

Rig boom: Saudi Aramco awards drilling contracts worth $800 million | Upstream Online

Saudi Aramco has awarded contracts for the charter of up to 10 onshore drilling rigs to compatriot Arabian Drilling Company for work on a sizeable unconventional programme.

Arabian Drilling on Monday said that the “contract’s firm term duration (excluding options) is five years with estimated aggregate contracts value representing over 3 billion Saudi riyals ($799.7

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