Saudi Arabia Has About 98 Onshore Drilling Rigs, Shoaibi Says

Lock
This article is for subscribers only.

Saudi Arabia has about 98 onshore rigs currently drilling for oil and natural gas, according to Shoaibi Group, a service company used by the kingdom’s state-run producer.

Shoaibi, based in Khobar in Saudi Arabia, published the figure today in an e-mailed statement while announcing a joint venture with U.K. rig engineering company Lamprell Plc. Shoaibi didn’t provide comparison figures for earlier dates and state-run Saudi Arabian Oil Co. doesn’t publish information on how many rigs it has in operation.