Saudi Arabia

10 articles from 10 sources, condensed into 5 stories this week · touches 14 players · in 8 bulletins

Who it touches

Saudi Arabia

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Stories this week

M&A

ADNOC Drilling to acquire 80% stake in MB Petroleum Services

ADNOC Drilling agreed to buy 80% of Oman-based MB Petroleum Services (enterprise value $204m / AED749m), adding 21 rigs and operations in Oman, Kuwait, Saudi Arabia and Bahrain; completion expected H1 2026.

Company: ADNOC Drilling Company: MB Petroleum Services Country or territory: Oman Country or territory: Kuwait Country or territory: Bahrain

5 sources

WAM (Emirates News Agency)Primary

Khaleej TimesPress

Gulf NewsPress

4 earlier stories about Saudi Arabia. Sign in to read the whole week.

In the bulletins

Wed 5 Nov · Midday bulletinADNOC's home spend firms up while distant bets stay minority or pending Wed 5 Nov · Opening bulletinADNOC buys rigs and builds Ruwais while far-off moves stay on paper

Tue 4 Nov · Closing bulletinADNOC takes LNG, AI and retail beyond home while firm deals stay homeSign in to read

Tue 4 Nov · Midday bulletinADNOC takes its LNG and AI playbook abroad, from Argentina to IndonesiaSign in to read

Tue 4 Nov · Opening bulletinGulf majors pair gas volume commitments with deeper AI stakesSign in to read

Mon 3 Nov · Closing bulletinADNOC takes AI into gas assets as binding upstream money sets the floorSign in to read

Mon 3 Nov · Midday bulletinBinding capital arrives as Eni and Petronas commit and ADNOC scales AISign in to read

Mon 3 Nov · Opening bulletinAbu Dhabi pairs AI deals with gas reach as OPEC+ slows the tapsSign in to read

Saudi Arabia · The Sipping Bulletin