Arabian Drilling announced the signing of 10-year contract extensions for two of its land rigs with Aramco. This extension adds SAR 1,067 million to the Company's backlog and 20 rig years, which will be included in the Second Quarter'25 backlog. The two rigs that received extensions include one rig operating in geothermal drilling and another serving as an oil workover rig.
These extensions highlight Arabian Drilling's continued role as Aramco's longest-serving drilling contractor, involved in innovative drilling and exploring new resources and affirm its longstanding commitment to operational excellence for more than 60 years. Arabian Drilling continues to build on its legacy of excellence and strategic growth, aiming to further cement its position as a leader in the drilling industry in the region.
