Brief: Helmerich & Payne Announces Finalization Of Contractual Terms With Saudi Aramco For Recent 7-Rig Unconventional Gas Award
12/02/2024 22:48
Feb 12 (Reuters) - Helmerich and Payne Inc HP.N :
* HELMERICH & PAYNE, INC. ANNOUNCES FINALIZATION OF
CONTRACTUAL
TERMS WITH SAUDI ARAMCO FOR RECENT 7-RIG UNCONVENTIONAL GAS
AWARD
* HELMERICH AND PAYNE INC - EXPECTS CONTRACT AWARD TO
CONTRIBUTE
MORE THAN $25 MILLION TO INTERNATIONAL SOLUTIONS SEGMENT DIRECT
MARGIN ON ANNUALIZED BASIS
* HELMERICH AND PAYNE - IN TOTAL, EXPECTATIONS ARE FOR CAPEX
RELATED TO RIGS TO BE ABOUT $175-$196 MILLION, OF WHICH $30-$35
MILLION IS SEES TO BE SPENT IN 2025
Source text for Eikon: ID:nBw38KZ1Na
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