Opportunities in Gas and Oil Drilling: Saudi Arabia.

APS Review Gas Market Trends | October 19, 1998 | Copyright

In Saudi Arabia, the foreign companies are not allowed to bid without joint venturing with a local partner or having a local agent. Therefore, the commercial registration of the drilling company is a must before starting its operation in Saudi Arabia. This procedure normally takes six months' time. Aramco, being the only oil company in Saudi Arabia, has the following procedure for bidding: 1. Pre-qualification Process: The drilling contractor has to approach Aramco for pre-qualification. The drilling contractor should have a good experience in drilling/workover and should ...

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