04
Feb
12:34
Saudi Aramco seen maintaining rig count
State oil giant Saudi Aramco is expected to keep the same number of its oil and gas drilling rigs this year despite weak oil prices, according to a Reuters report.
Saudi Aramco has asked oilfield service companies and suppliers again this year for discounts due to a slump in global oil prices. Any developments in rig count and pricing are likely to be closely monitored by suppliers of sections, plate and pipe for rig-building.
Saudi Aramco is now operating ar…
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Anonymous
Very good overview of the weekly steel market.
Anonymous