Search results for: Arabian Drilling Company

182690 results

A list of search results

  • 20 February 2020
    Business & Finance, Equipment, Exploration & Production

    German multinational conglomerate Siemens has been awarded a contract by Arabian Drilling Company to modernize an offshore jack-up drilling rig for a customer in the Middle East.

  • 5 November 2012

    Arabian Drilling Company (ADC) today, November 5, announced it has ordered a  KFELS Mod V – B Class jack-up rig. The rig, under construction at Keppel FELS Limited in Singapore, will be delivered to ADC in the second quarter of 2013. “We expect the rig to be deployed on a longer term contract in the […]

  • 29 May 2014
    Business & Finance, Equipment

    Clearwater Capital Partners, through an entity wholly owned by private investment funds managed by Clearwater, has completed the sale of a Keppel FELS B Class jack-up rig with hull number B351 to Arabian Drilling Company (“ADC”). Mohamed Yusof Al-Rafie, Chairman of Arabian Drilling Company said, “We are pleased to announce the purchase of B351. It […]

  • 28 October 2015
    Exploration & Production

    Keppel FELS, a wholly owned subsidiary of Keppel Offshore & Marine (Keppel O&M), has delivered ARABDRILL 70, a KFELS B Class jack-up rig, to Arabian Drilling Company (ADC). According to Keppel, ARABDRILL 70 is the fourth KFELS B Class jack-up rig to work for ADC and it was completed three days ahead of schedule and […]

  • 10 June 2013

    Coinciding with parent company Keppel Corporation’s 45th anniversary this year, Keppel FELS has delivered the 45th KFELS B Class jackup rig since it launched the design in 2000. These KFELS B Class rigs make up more than 30% of the total jackups completed globally since 2000. The rig was delivered to Arabian Drilling Company (ADC) […]

  • 10 June 2013
    Business & Finance

    Coinciding with parent company Keppel Corporation’s 45th anniversary this year, Keppel FELS has delivered the 45th KFELS B Class jackup rig since it launched the design in 2000. These KFELS B Class rigs make up more than 30% of the total jackups completed globally since 2000. The rig was delivered to Arabian Drilling Company (ADC) […]

  • 9 June 2013

    Coinciding with parent company Keppel Corporation’s  45th anniversary this year, Keppel FELS has delivered the 45th KFELS B Class jackup rig since it launched the design in 2000. These KFELS B Class rigs make up  more than 30% of the total jackups completed globally since 2000. The rig was delivered to Arabian Drilling Company (ADC) 14 days […]

  • 29 December 2013

    Top News of The Week, December 23 – 29, 2013

  • 27 December 2013

    Keppel FELS has delivered ArabDrill-60, a KFELS B Class jackup rig, to Arabian Drilling Company (ADC) five days ahead of schedule, on budget and with a perfect safety record. This marks the 21st new build offshore rig that Keppel FELS has delivered in 2013, setting a new record for the most number of rig deliveries […]

  • 12 July 2012
    Business & Finance

    Cyprus-based SD Standard Drilling Plc (“Standard Drilling”) has entered into a final SPA for the sale of one rig (B325) under construction for a total consideration of USD 213,5m. The buyer is Arabian Drilling Company, a company incorporated in Saudi Arabia. The sale of the rig will give an estimated net profit of USD 8,5m. […]

  • 27 December 2013

    Keppel FELS Ltd (Keppel FELS) has delivered ARABDRILL 60, a KFELS B Class jackup rig, to Arabian Drilling Company (ADC) five days ahead of schedule, on budget and with a perfect safety record. This marks the 21st new build offshore rig that Keppel FELS has delivered in 2013, setting a new record for the most […]

  • 27 December 2013
    Business & Finance

    Keppel FELS Ltd has delivered ARABDRILL 60, a KFELS B Class jackup rig, to Arabian Drilling Company (ADC) five days ahead of schedule, on budget and with a perfect safety record. This marks the 21st new build offshore rig that Keppel FELS has delivered in 2013, setting a new record for the most number of […]

  • 21 November 2016
    Business & Finance, Exploration & Production

    Offshore driller Rowan Companies and the Saudi Arabian Oil Company (Saudi Aramco) have signed an agreement to create a 50/50 joint venture to own, operate, and manage offshore drilling rigs in Saudi Arabia. According to the agreement signed through subsidiaries of the two companies, the new joint venture company will use Rowan’s business in Saudi […]

  • 7 March 2012
    Business & Finance

    Saudi Arabia’s state run oil giant, Saudi Aramco, has decided that the company is ready for deepwater exploration in the Red Sea.

  • 20 December 2017
    Business & Finance, Exploration & Production

    ADES International, a London-listed provider of offshore and onshore oil and gas drilling in the Middle East and Africa, has bought three jack-up drilling rigs from Nabors Industries for $83 million.  ADES International has signed the purchase and sale agreement (PSA) for the three rigs with Nabors Drilling International II Limited, a subsidiary of Nabors […]

  • 8 April 2008

    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.

  • 31 May 2017
    Exploration & Production

    Following an inauguration of the construction of a huge maritime services complex in Saudi Arabia earlier this year, four companies have now teamed up to build an offshore services section there. In a statement on Wednesday, offshore rig builder Lamprell said it had entered into a joint venture (JVCo) with Saudi Aramco Development Company, Bahri and Hyundai […]

  • 28 May 2015
    Business & Finance, Exploration & Production

    Mermaid Maritime Public Company’s drilling associate, Asia Offshore Drilling Limited (AOD), has reached an agreement with its customer Saudi Arabian Oil Company (Saudi Aramco) to reduce the operating day rates for three jack-up rigs.  The rigs in question are AOD I, AOD II, and AOD III and their day rates will be reduced by 10 percent. The operating […]

  • 9 August 2011
    Business & Finance

    Seadrill has been awarded two new contracts by KJO (AL-Khafji Joint Operations) in the joint development zone between the Kingdom of Saudi Arabia and Kuwait for the jack-up rigs West Triton and Offshore Resolute. The assignments which will commence in direct continuation of their current contracts in Southeast Asia are each for a firm period […]

  • 9 August 2011
    Business & Finance

    Seadrill has been awarded two new contracts by KJO (AL-Khafji Joint Operations) in the joint development zone between the Kingdom of Saudi Arabia and Kuwait for the jack-up rigs West Triton and Offshore Resolute. The assignments which will commence in direct continuation of their current contracts in Southeast Asia are each for a firm period […]

  • 13 June 2018
    Exploration & Production

    ADES International has completed the acquisition of three offshore jack-up rigs in the Arabian Gulf from Nabors Industries. 

  • 14 March 2013

    Asia Offshore Drilling Limited (“AOD”), has signed drilling contracts whereby AOD’s jack-up drilling rigs ‘AOD II’ and ‘AOD III’ will be providing drilling services to the Saudi Arabian Oil Company (“Saudi Aramco”) for operations in offshore Saudi Arabia. The drilling contracts have been entered into and will be managed by Seadrill Limited on behalf of AOD. Together with ‘AOD […]