Middle East Economic Survey

VOL. XLVIII

No 46

14-November-2005

REGIONAL/SAUDI ARABIA

MEES Agenda

Middle East Rig Shortage Part Of Wider Global Drilling Operations Tightness

As Saudi Arabia and other Middle East producers push to increase oil and gas production capacity, a shortage of drilling rigs has developed which threatens to slow the implementation of some projects. However, David Knott discovers that the problem is not regional, but part of a global drilling operations tightness resulting from...