Arabian Drilling Marks 1st Offshore Operation Outside KSA in Deal with GCC-Based Firm

published:31/07/2025 09:27 GMT

Arabian Drilling has signed an agreement with a GCC-based company, marking its first offshore operation outside Saudi Arabia, according to a press release. The Saudi firm aims to expand its operations beyond its domestic market with a landmark geographical venture in line with its long-term strategy. Meanwhile, the operations are set to begin in the first quarter (Q1) of 2026 and will have an accretive impact on the backlog of SAR 75 million (~US$20 million). The initial allocation of SAR 75...More