Arabian Drilling announced the securing of three major land contract extensions for land rigs with Saudi Aramco. The contracts, signed on January 13, 2026, have a total value of SAR 1.4 billion. These extensions add 25 active rig years to Arabian Drilling's backlog.
Currently, one rig is operational, another is expected to be operational by the end of January, while one rig is suspended and is anticipated to resume operations during 2026. With these new contracts, Arabian Drilling has now secured a total of seven contract extensions, amounting to SAR 3.4 billion and representing 55 committed rig years. The contract duration is 10, 10 and 5 years.
