Arabian Drilling Company: Q1 2026 saw a return to profit, record backlog, and strong offshore margins amid rig suspensions

About this update from Arabian Drilling Co.

Returned to profitability in Q1 2026 with improved margins and record backlog, despite offshore rig suspensions. Offshore segment outperformed, while land segment margins declined. Q2 revenue is expected to drop due to ongoing suspensions.Original document: This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.

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