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ADNOC to acquire a 70% stake in SLB’s land drilling rigs business in Kuwait and Oman for $112m.

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Service Providers

Morgan Stanley

financial advisors

Morgan Stanley

Linklaters

legal advisors

Linklaters

Rothschild & Co

financial advisors

Rothschild & Co

or

Principals

SLB (LAND DRILLING RIGS BUSINESS IN KUWAIT AND OMAN)

target

SLB (LAND DRILLING RIGS BUSINESS IN KUWAIT AND OMAN)

ADNOC DRILLING COMPANY

bidder

ADNOC DRILLING COMPANY

ABU DHABI NATIONAL OIL COMPANY (ADNOC)

bidder

ABU DHABI NATIONAL OIL COMPANY (ADNOC)

SCHLUMBERGER LIMITED (SLB)

vendor

SCHLUMBERGER LIMITED (SLB)

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MergerLinks - Request Credit - ADNOC to acquire a 70% stake in SLB’s land drilling rigs business in Kuwait and Oman for $112m.