Al-Hafr Al-Arabi supplies 11 excavators to SLB for 3 billion riyals

Arab Drilling Company has signed a new contract with SLB to provide 11 onshore rigs for integrated gas projects, spanning five years, with a total value of up to 3 billion riyals. The contract aims to support the company's revenues and ensure the continuity of its fleet operations, reflecting client confidence in its performance. It is expected that offshore drilling platform operations will resume at operational levels reaching 100% by the end of the third quarter of 2026. Additionally, the company has expanded its contract portfolio with Saudi Aramco by 1.4 billion riyals, playing a leading role in the development of the Saudi energy sector.