Schlumberger NV and ADNOC Drilling Forge Partnership in Kuwait and Oman Land Drilling Rigs Business

Reuters

05-29

Schlumberger NV and ADNOC Drilling Forge Partnership in Kuwait and Oman Land Drilling Rigs Business

Schlumberger NV has announced a new agreement with ADNOC Drilling, whereby ADNOC Drilling will acquire a 70% stake in Schlumberger's land drilling rigs business in Kuwait and Oman. This partnership includes eight fully operational land rigs that are currently under contract with the national oil companies of both countries. Jesus Lamas, president of Middle East and North Africa at Schlumberger, highlighted the collaboration's aim to drive value and expand strategic partnerships across the energy sector in the region. The transaction is pending customary regulatory approvals and is anticipated to complete by the first quarter of 2026.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Schlumberger Ltd. published the original content used to generate this news brief on May 29, 2025, and is solely responsible for the information contained therein.

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Schlumberger Ltd. published the original content used to generate this news brief on May 29, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4585","symbol_name":"ETF&股票定投概念","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250529:nNDL9TLwW1:1","article_id":"2539205266","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2539205266","pubTimestamp":1748528020,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Schlumberger NV has announced a new agreement with ADNOC Drilling, whereby ADNOC Drilling will acquire a 70% stake in Schlumberger's land drilling rigs business in Kuwait and Oman. 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This partnership includes eight fully operational land rigs that are currently under contract with the national oil companies of both countries. Jesus Lamas, president of Middle East and North Africa at Schlumberger, highlighted the collaboration's aim to drive value and expand strategic partnerships across the energy sector in the region. The transaction is pending customary regulatory approvals and is anticipated to complete by the first quarter of 2026.\n      \n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. 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