Adnoc signs strategic alliance for drilling subsidiary, ahead of IPO plans

Venture will see Adnoc Drilling acquire eight FlexRig land rigs from Helmerich & Payne

Strategic alliance: Adnoc chief executive Sultan Ahmed al Jaber
Strategic alliance: Adnoc chief executive Sultan Ahmed al JaberPhoto: REUTERS/SCANPIX
Published 8 September 2021, 14:16Updated 8 September 2021, 14:16