ARABIAN DRILLING COMPANY TADAWUL:2381:
ANNOUNCES SUCCESSFUL START OF OPERATIONS OF RECALLED RIGS, WHICH WERE PREVIOUSLY RECALLED DURING FOURTH QUARTER OF 2025
ALL THREE REACTIVATED RIGS ARE NOW FULLY OPERATIONAL AND GENERATING REVENUE, WITH THE COMPLETE FINANCIAL IMPACT EXPECTED TO BE REALIZED BY Q2 2026
FIRST INTERNATIONAL CONTRACT COMMENCES OPERATIONS IN GCC
OFFSHORE FLEET UTILIZATION AT 91%