Helmerich & Payne (HP) to Pump $100M Into ADNOC Drilling IPO

Helmerich & Payne (HP) to Pump $100M Into ADNOC Drilling IPO

Helmerich & Payne, Inc. HP recently announced a strategic collaboration with The Abu Dhabi National Oil Company (ADNOC) and its subsidiary ADNOC Drilling Company wherein ADNOC Drilling will purchase eight FlexRig® land rigs from Helmerich & Payne for $86.5 million