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Article: Opportunities in Gas and Oil Drilling: Saudi Arabia.
- Article from:
- APS Review Gas Market Trends
- Article date:
- October 19, 1998
CopyrightCOPYRIGHT 1998 Input Solutions. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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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 have experienced personnel to run the operations. They must also have rigs with the right technical ...