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FINANCIAL NEWS
GDI acquires eighth jack-up drill
21 Jan 2014
(MENAFN) Qatar’s Gulf International Services has acquired its eighth jack-up drilling rig by its drilling joint venture, Gulf Drilling International, The Peninsula Qatar reported.
GDI’s Chief Executive Officer said: “We are pleased to be receiving the first of two new rigs expected this year. The rig will undergo upgrade work in a shipyard as part of its mobilization to incorporate client requested equipment and features.”
The company signed a five-year contract for the rig at a total value of USD235 million. GDI is expecting many years of quality service to its clients with this rig.
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BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
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