Parker Drilling Company (NYSE: PKD), a global drilling contractor and service provider, today announced that a subsidiary has executed an agreement to sell its 50 percent interest in its Saudi Arabian joint venture, Al-Rushaid Parker Drilling Company Ltd. (“ARPD”) to an affiliate of the Saudi company which currently owns the remaining 50 percent interest.
Green Marine
about 18 years ago
Parker Drilling Announces Sale of Interest in Saudi Arabian Joint Venture
Parker Drilling Company (NYSE: PKD), a global drilling contractor and service provider, today announced that a subsidiary has executed an agreement to sell its 50 percent interest in its Saudi Arabian joint venture, Al-Rushaid Parker Drilling Company Ltd. (“ARPD”) to an affiliate of the Saudi compan
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