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Arabian Drilling posts all-time record revenue of $930m in 2023

Arabian Drilling, a leading national onshore and offshore drilling contractor in Saudi Arabia, has posted an all-time high record revenue of SR987 million and SR3.48 billion ($930 million), for the Q4 2023 and full-year 2023 respectively.
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Saudi major Arabian Drilling's net income jumps 36pc

Arabian Drilling, Saudi Arabia’s national Drilling Champion, announced its Q2’23 and H1’23 financial results, with an impressive 36% increase in net income to SR282 million ($75.16 million) YoY.
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Lifecycle performance of WET (subsea) and DRY Tree systems for big, complex reservoirs in ultra-deep waters

Part 2 of this three-part series examines the full lifecycle operations simulations performed using BMT’s SLOOP event domain software, to compare subsea (wet tree) and dry tree concepts. This article argues for using a permanently moored dry tree concept with key performance statistics of DP MODUs and platform rigs. ....

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Inflation Disrupts California's Minimum Wage Rate Schedule, Prompts Pay Increases For Non-Exempt And Exempt Employees In 2023, And Impacts Other California Laws - Employee Benefits & Compensation

On July 27, 2022, the Director of California's Department of Finance sent a letter to Governor Gavin Newsom and other state officials, noting that the Department. ....

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Inflation Disrupts California's Minimum Wage Rate Schedule, Prompts Pay Increases for Non-Exempt and Exempt Employees in 2023, and Impacts Other California Laws | Littler

On July 27, 2022, the Director of California’s Department of Finance sent a letter to Governor Gavin Newsom and other state officials, noting that the Department had determined poor. ....

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