Arabian Drilling, Aramco sign 10 new onshore rigs contracts worth SAR 3 bln

Arabian Drilling, Aramco sign 10 new onshore rigs contracts worth SAR 3 bln

Arabian Drilling Co. (ADC) announced the signing of long-term contracts for ten onshore drilling rigs with Saudi Aramco, with a total value of contracts exceeding SAR 3 billion (not including VAT).   The company stated in a statement on Tadawul that the contract period is five years from the commencement date of drilling operations.   ADC will supply ten new onshore