ADNOC buys 70% stake in SLB's Kuwait, Oman drilling rigs business in up to $112M deal

17 hours ago 1
oil field

hanhanpeggy/iStock via Getty Images

SLB (NYSE:SLB) said Thursday that ADNOC Drilling agreed to acquire a 70% stake in its land drilling rigs business in Kuwait and Oman for as much as $112M, creating a joint venture the companies aim to double over the next year.

Recommended For You

More Trending News

Read Entire Article