Arabian Drilling, Saudi Arabia announce that it has secured a contract extension for one of its Saudi Aramco land rigs.
The contract extension is for 10 years and will commence immediately after the current contract comes to an end in Q4’24.
The estimated associated backlog for the extension is approximately SAR 440 million.
Ghassan Mirdad, Chief Executive Officer of Arabian Drilling, commented: “We are very pleased with the contract extension as we continue to build on our long-term partnership with Aramco and deliver exceptional service. The material backlog of approximately SAR 440 million will support our future growth.”
