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Adnoc Drilling Reviewing Targets for More Acquisitions, CFO Says

Adnoc Drilling Reviewing Targets for More Acquisitions, CFO Says
bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.

Abu dhabiAbuz abyUnited arab emiratesYoussef salemBloomberg adnoc drilling coAbu dhabi national oil coChief financial officer youssef salemAdnoc drilling

ADNOC Drilling to expand rig network, operations across Middle East

All but one of the firm’s operational rigs are currently deployed in Abu Dhabi, with most serving its parent company. However, by the end of 2024, the company will have enough rigs to deploy outside of the United Arab Emirates too, Salem said. It will spend $750-950 million to acquire 15 rigs this year.

Saudi arabiaUnited arab emiratesYoussef salemAbu dhabiGulf cooperation councilDrilling coBaker hughesAbu dhabi listedChief financial officer youssef salemMiddle eastern

Adnoc Drilling Plans to Expand Operations Across the Middle East

Adnoc Drilling Plans to Expand Operations Across the Middle East
bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.

Abu dhabiAbuz abyUnited arab emiratesSaudi arabiaYoussef salemGulf cooperation councilAdnoc drilling coBaker hughesAbu dhabi national oil coAdnoc drillingChief financial officer youssef salemMiddle easternDhabi national oil

Swvl sees more customers in Pakistan and Egypt

Higher oil prices have helped transport startup Swvl attract customers in its bigger markets such as Egypt and Pakistan

Youssef salemChief financial officer youssef salemGambit growth capital