NO. 11


Saudi Arabia

Saudi Drilling Contracts for Pool Arabia

Pool Arabia Ltd. - a joint venture between Pool Energy Services Company ofthe US and Petroserve (owned 80% by E. A. Juffali Bros.) - has won a $14.5mn,2-year contract to help repair the Wafra oilfield in the Saudi Arabia-KuwaitNeutral Zone. Pool Arabia will employ four land workover/drilling rigs beginningin early 1992 in the area where Texaco's Getty Oil Company operates for SaudiArabia. Pool Arabia also has a...