Arabian Drilling Company (2381) Stock Overview

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. It operates an onshore fleet of 38 rigs, which include medium to ultra-heavy rigs; and offshore fleet of 9 rigs that comprises of ultra-heavy-duty jack-ups. The company was founded in 1964 and is based in Al Khobar, Saudi Arabia. Arabian Drilling Company is a subsidiary of Industrialization & Energy Services Company.