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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Saudi Arabia needs 120 billion riyals of domestic bonds until the end of 2019