Helmerich & Payne (HP) to Pump $100M Into ADNOC Drilling IPO
- Date: 15-Sep-2021
- Source: Nasdaq
- Sector:Financial Markets
- Country:UAE
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