ARABIAN DRILLING CO TADAWUL:2381:
SECURING CONTRACT EXTENSION WITH KHAFJI JOINT OPERATIONS COMPANY FOR THREE YEARS
CONTRACT VALUE 8.0% TO 12.0% OF 2024 REVENUES
Arabian Drilling Secures Contract Extension With Khafji Joint Operations
Earlier from Arabian Drilling
- SNG: Arabian Drilling unveils 4-rig contract extensions with Aramco
- Gulf shares muted on tariff uncertainty, Fed rate cut in focus
- Arabian Drilling Company: Q1 2025 delivered strong growth and efficiency, but Q2 faces headwinds from market conditions
- PROJECTS: Arabian Drilling expects Q2 2025 revenue to fall amid lower oil price
- Arabian Drilling Company: Record revenue and EBITDA, but net income fell 30% due to higher costs and impairments
Later from Arabian Drilling
- Earnings drag Saudi, Abu Dhabi down, while lifting Dubai amid cautious trade outlook
- Arabian Drilling Company: Revenue and EBITDA fell amid rig suspensions, but backlog and international expansion advanced
- Arabian Drilling Extends Contract For Eleven Land Rigs With SLB
- PROJECTS: Saudi-listed Arabian Drilling renews contract for 11 onshore gas drilling rigs
- Most Gulf markets end higher on earnings, Fed cuts; Saudi falls
Follow Arabian Drilling into a list and get an email when it puts out news.
Follow Arabian Drilling