Posted inExploration & Production

Aramco awards $173 million contract to Arabian Drilling

Arabian Drilling is the largest drilling rig contractor in the Kingdom in terms of the fleet size

arabian-drilling
(Source: Arabian Drilling)

Saudi oilfield services company Arabian Drilling has won a $173 million contract for offshore jack up unit from Saudi Aramco, Arabian Drilling announced today.

As part of the 5-year contract, which is expected to commence in Q3 2023, Arabian Drilling will supply an offshore jack up unit with full crew to perform offshore drilling services in the Kingdom of Saudi Arabia.

Arabian Drilling is the largest drilling rig contractor in the Kingdom in terms of the size of its available drilling rig fleet. The group’s fleet includes 45 rigs in Saudi Arabia and the Saudi-Kuwaiti neutral zone, 38 of which are onshore drilling rigs, and seven offshore drilling rigs.