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Arabian Drilling Company: Revenue and EBITDA fell amid rig suspensions, but backlog and international expansion advanced
Arabian Drilling Company: Revenue and EBITDA fell amid rig suspensions, but backlog and international expansion advanced

About this update from Arabian Drilling Co.
H1 2025 saw revenue and EBITDA declines due to rig suspensions, with land segment growth offsetting some losses. SAR 2.4 billion in new backlog and the first international contract were secured, but dividend payments are paused for 2025 as market conditions remain challenging.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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