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The largest onshore and offshore drilling company in Saudi Arabia by fleet size, Arabian Drilling, has won its first-ever contract for offshore work outside its home country. The contract was awarded by a Gulf Cooperation Council-based company. The GCC comprises Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the United Arab Emirates. The operations are set to begin in the first quarter of 2026 and will have an accretive impact on the backlog of SAR 75m ($20m). The rig which will be used was left undisclosed. The company added that the work will be preliminary drilling of exploration wells, which will last between five and seven months. The potential extension of the contract is contingent upon the successful outcomes derived from exploratory work. “Signing this contract signifies a strategic milestone for Arabian Drilling as it marks our first major step in expanding our operational footprint internationally,” said Ghassan Mirdad, CEO of Arabian Drilling. This will be the first offshore contract outside Saudi Arabia since the company started conducting such operations some 61 years ago. googletag.cmd.push(function() { googletag.display('div-gpt-ad-1_95_0_1_2'); }); TagsSaudi Arabia
Arabian Drilling secures first-ever offshore drilling contract outside Saudi Arabia
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