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Salem: Building New AI-enabled Oil Rigs

Admin August 1, 2025
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ADNOC Drilling is forging ahead with its global expansions plans with more M&A. The UAE-based firm is planning to buy a company operating oil and gas rigs in Kuwait and Oman which would be the second such deal in less than a year. Youssef Salem, CFO of ADNOC Drilling spoke to Bloomberg’s Horizons Middle East and Africa anchor Joumanna Bercetche on the expansion plans plus their use of AI. (Source: Bloomberg)

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  • Subprime lender PrimaLend Capital Partners files for bankruptcy protection
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  • India, U.S. near trade deal with major tariff cuts, reduced Russian oil purchases
  • Netflix Tumbles After Q3 Earnings Miss. Is This Your Chance to Buy?

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