Schlumberger-Backed Arabian Drilling Gets Approval for Saudi IPO

emerging-markets,ipos,stock-trading,regulation,government

Reema Al Othman

Company Overview

Schlumberger-Backed Arabian Drilling Said to Hire Banks for IPO

IPOs

Stock Trading

Regulation

Middle East

Stocks

Saudi Arabia

Markets

Finance

Great Britain

Energy

Government

Europe

Emerging Markets

Americas

United States

United Kingdom

This Is Where Saudi Arabia Gets Its Oil

Arabian Drilling Co., a Saudi oilfield-services firm partly held by Schlumberger NV, obtained the regulator’s approval to list its shares in an initial public offering, joining a steady stream of companies tapping the Gulf’s biggest stock market.

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