Construction & Real Estate

Arabian Drilling seals $533m offshore contract with KJO

Arabian Drilling, a leading Saudi oil and gas drilling contractor, said it has signed a SAR2 billion ($528 million) deal with Khafji Joint Operations (KJO) to provide four high-specification offshore jack-up drilling rigs. This four-year contract is the largest single offshore drilling award KJO has made to Arabian Drilling....

Construction & Real Estate

Arabian Drilling signs $800m five-year contract with SLB for 11 gas rigs

Saudi Arabia’s Arabian Drilling Company has signed a new five-year contract worth approximately SAR3 billion ($800 million) with SLB for the provision of 11 land rigs for gas-related lump-sum turnkey (LSTK) operations....

Construction & Real Estate

Arabian Drilling expands GCC footprint with new offshore contract

Saudi-based Arabian Drilling has announced that it has signed a contract with a new client in the GCC, thus marking its entry into a new Gulf market. The deal follows the early completion of its first international offshore drilling contract and the redeployment of the jack-up rig to another GCC country. ...