The Saudi Energy and Industrial Services Company said on Sunday that its Arabian Drilling Company unit had agreed to purchase Schlumberger Middle East drilling rig activity in Kuwait, the Sultanate of Oman and Iraq. And Pakistan for $ 415 million.

According to Reuters, after this expansion, the Arabian Drilling Company will manage 58 offshore drilling platforms and nine offshore platforms in the Middle East and Africa.

Taqa said in a statement that Moelis had advised her, while Rothschild advised Schlumberger on the deal, which is expected to close in the second half of this year.

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