Saudi Aramco Nabors Drilling Company, or SANAD, is a joint venture partnership between Saudi Aramco and Nabors. SANAD is one of the anchor projects that has emerged from Saudi Arabia's efforts to introduce world-class industry hubs locally, in order to foster economic growth and job creation.
Purpose: We will responsibly extract oil and gas through onshore operations and help Saudi Aramco to meet the energy needs for the Kingdom of Saudi Arabia and beyond.
Mission: We deliver best-in-class drilling performance through exceptional execution, technology, teamwork and our highly skilled in-Kingdom and international workforce.
Vision: By leveraging the talents of our exceptional people and innovative technologies, we will prosper as we become the driller of choice in the Kingdom of Saudi Arabia and the Middle East.
Purpose: We will responsibly extract oil and gas through onshore operations and help Saudi Aramco to meet the energy needs for the Kingdom of Saudi Arabia and beyond.
Mission: We deliver best-in-class drilling performance through exceptional execution, technology, teamwork and our highly skilled in-Kingdom and international workforce.
Vision: By leveraging the talents of our exceptional people and innovative technologies, we will prosper as we become the driller of choice in the Kingdom of Saudi Arabia and the Middle East.
Location: Switzerland, Zurich
Employees: 11-50
Total raised: $90M
Founded date: 2009
Investors 1
| Date | Name | Website |
| - | Mubadala C... | mubadala.c... |
Funding Rounds 1
| Date | Series | Amount | Investors |
| 27.04.2015 | - | $90M | - |
Mentions in press and media 3
| Date | Title | Description |
| 10.11.2015 | Sanad portfolio reaches US$ 1billion | Exceeding 30% growth over the past two years, air financing firm’s assets now top $1 billion Abu Dhabi, UAE: Sanad Aero Solutions GmbH (Sanad), a wholly-owned subsidiary of Mubadala Development Company, has announced that its spare engine ... |
| 27.04.2015 | Sanad raises over US$90M in syndicated deal | Increases financings to US$600m; Bank of America Merrill Lynch and FBG as new finance partners; Abu Dhabi National Leasing as Agent Sanad Aero Solutions GmbH (Sanad), a wholly-owned subsidiary of Mubadala Development Company, has increased... |
| 16.02.2015 | Sanad Extends Relationship with Etihad Airways by US$100 Million | Sanad Aero Solutions GmbH (Sanad), a wholly-owned subsidiary of Mubadala Development Company, has increased its leasing portfolio of spare engines and components with Etihad Airways through the addition of new assets valued at US$100 millio... |