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Arabian Drilling posts solid Q1 results; revenue up 24pc

Arabian Drilling, a major Saudi onshore and offshore drilling contractor, has delivered a strong operational performance in Q1 registering a 24% growth in its revenue which hit SAR967 million ($258 million), while its net income for the quarter rose 3%.

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Arabian Drilling posts all-time record revenue of $930m in 2023

Arabian Drilling, a leading national onshore and offshore drilling contractor in Saudi Arabia, has posted an all-time high record revenue of SR987 million and SR3.48 billion ($930 million), for the Q4 2023 and full-year 2023 respectively.


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