Nabors and Saudi Aramco commence SANAD joint venture operations

Nabors Industries and Saudi Aramco have commenced operations of their 50/50 joint venture, Saudi Aramco Nabors Drilling Company (SANAD), in Saudi Arabia. The joint venture will purchase and operate 50 locally-sourced new rigs over ten years.

“SANAD represents a new paradigm in the operator / contractor relationship.”investor.nabors.com

• 1 source
• investor.nabors.comNabors and Saudi Aramco Commence Joint Venture Operations - Dec 1, 2017Dec 1, 2017

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