Middle East giants spend big on offshore rigs. Are newbuilds next?

Saudi Aramco and Adnoc Drilling are expanding their offshore rig fleets to meet ambitious expansion plans

Rig fleet: Amin Nasser, chief executive of Saudi Aramco, is happy to secure more rigs
Rig fleet: Amin Nasser, chief executive of Saudi Aramco, is happy to secure more rigsPhoto: World Petroleum Congress
Published 1 June 2022, 09:41Updated 1 June 2022, 09:41