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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.
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.
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.
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...
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...