Arabian Drilling Company: Backlog reached a record SAR 12.4 billion, with offshore utilization set to hit 100% in Q2 2026

About this update from Arabian Drilling Co.

Revenue and EBITDA declined in 2025 due to lower offshore and land activity, but backlog hit a record SAR 12.4 billion. Offshore utilization is set to reach 100% in Q2 2026, with margin recovery expected as more rigs return to service.Based on This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.

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