Arabian Drilling Company Overview
Pro stress-test →Arabian Drilling Company operates as an onshore and offshore gas and oil rig drilling company in Saudi Arabia. The company's services include the supply of drilling services in shallow and deep waters and on land for the exploration and production of oil and natural gas, as well as well intervention and testing, rig move, mobilization, manpower, and other services. The company is a major regional drilling contractor serving the Kingdom's energy sector.
Strategic Profile
Pro stress-test →The company is one of the largest drilling companies in the Middle East and was the largest drilling rig contractor in the Kingdom in terms of its available rig fleet size, with 45 rigs. The Onshore segment provides medium to ultra-heavy rigs capable of handling complicated horizontal drilling operations, while the Offshore segment includes ultra-heavy-duty jack-up rigs.
Competitive Landscape
Pro stress-test →Arabian Drilling operates in the regional oil & gas drilling services market dominated by local and international contractors. The company competes with established regional and international drilling firms serving Saudi Aramco and other regional operators. Its competitive advantage derives from its 45-rig fleet size, local market presence, and technical capabilities in both onshore and offshore operations.
Industry Context
Arabian Drilling Company operates in Oil & Gas Drilling Services.
Key facts
Founded: 1964 · Headquarters: Al Khobar, Saudi Arabia · Revenue: $1.17B (SAR 3.48B in 2023) · Market cap: $2.58B (SAR 9.67B)