The contract was awarded by a Gulf Cooperation Council-based company.
The GCC comprises Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the United
Arab Emirates. The operations are set to begin in the first quarter of 2026 and
will have an accretive impact on the backlog of SAR 75m ($20m). The rig which will be used was left undisclosed.
The company added that the work will be preliminary
drilling of exploration wells, which will last between five and seven months. The potential extension of the contract is
contingent upon the successful outcomes derived from exploratory work.
“Signing this contract signifies a strategic milestone for Arabian
Drilling as it marks our first major step in expanding our operational
footprint internationally,” said Ghassan Mirdad, CEO of Arabian Drilling.
This will be the first offshore contract outside
Saudi Arabia since the company started conducting such operations some 61 years
ago.