Global Trade Alert
Global Trade Alert

Saudi Arabia: Saudi Aramco signs a Memorandum of Understanding with Nabors and Rowan under the framework of its IKTVA program

Announcement

14 Dec 2016

On 14 December 2016, the state-owned Saudi Aramco signed a Memorandum of Understanding with the US-based companies Nabors and Rowan. 

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

14 Dec 2016

Revocation date:

No revocation date

Announced: 14 Dec 2016
Local content incentive In force
On 14 December 2016, Saudi Aramco as part of its In Kingdom Total Value Add (IKTVA) program signed a Memorandum of Understanding with the American companies Rowan and Nabor. IKTVA is a program esta...
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Related State Acts

Announced: 23 May 2017

Saudi Arabia: Saudi Aramco signs multiple Memorandum of Understanding agreements with American companies under the framework of its IKTVA program

Announced: 01 Dec 2015

Saudi Arabia: The state-owned Saudi Aramco launches the In Kingdom Total Value Add (IKTVA) Program

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