Kuwait's Become Very Important Market: Precision Drilling

Kuwait's Become Very Important Market: Precision Drilling

Assessment

Interactive Video

Business

University

Hard

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The video discusses the current and future operations of rigs, highlighting the importance of two new rigs under construction, expected to be operational in Kuwait by late 2016. The focus is on international growth, particularly in Kuwait and Saudi Arabia, with long-term interests in Iraq and the Arabian Gulf. The region is favored for its stability against short-term commodity price fluctuations, despite a current slowdown. Kuwait's robust drilling program is emphasized as a key opportunity.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

How does the company view the sensitivity of the Arabian Gulf region to commodity price swings?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the significance of the drilling program in Kuwait for the years 2016 and 2017?

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