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Adis Holding Company, a global leader in drilling services for the oil and gas sector, announced the resumption of operations for all its suspended offshore platforms in Saudi Arabia, reinforcing its financial outlook for 2026. Data indicates that utilization rates of the lifted drilling platforms exceed 90%, with anticipated growth in EBITDA (earnings before interest, taxes, depreciation, and amortization) between 33% and 44% compared to the previous year. The company states that this resumption follows a temporary suspension that did not reflect a decline in demand but was related to short-term operational events. The company relies on growth strategies including achieving operational efficiencies and diversifying markets. Currently, it owns a fleet that includes 81 offshore platforms out of a total of 123 platforms.
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