Middle East Economic Survey
VOL. XLIX
No 9
27-February-2006
SAUDI ARABIA
Parker Drilling To Form JV With Local Firm To Carry Out Saudi Aramco Work
Houston-based Parker Drilling andSaudi Arabias Abdullah Rasheed Al-Rushaid Company for Drilling Oil and Gas announced on 15 February they were forming a joint venture to perform four drilling contracts, each with a term of three years with a one-year option, for Saudi Aramco. The joint venture, Al-Rushaid Parker Drilling, is a Saudi Arabian limited...
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