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Adnoc Drilling Unit Closes Purchase of 70% Stake in SLB's Land Rigs Business in Kuwait, Oman

MT Newswires·01/01/2026 02:11:41
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02:11 AM EST, 01/01/2026 (MT Newswires) -- Adnoc Drilling's (ADX:ADNOCDRILL) ADH RSC subsidiary finalized the acquisition of a 70% stake in SLB's land drilling rigs business in Kuwait and Oman. The deal was executed by purchasing the stake in SLDC Holdings RSC, a joint venture formed with SLB for the target business, the Abu Dhabi-listed offshore drilling company said Thursday.