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89.5 SAR
0.7
0.79%
Last update Apr 16, 3:00 PM +03
Market closed
Day range
88.5
90.30000
Previous close
88.80000
Open
89.099998
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Arabian Drilling Company
89.50
0.70
0.79%

Overview

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Description

Arabian Drilling Company is a prominent player in the energy sector, specializing in onshore and offshore drilling services within Saudi Arabia. The company's primary function is to provide comprehensive drilling solutions to oil and gas producers, supporting the exploration and production activities essential for energy supply. Notable for its advanced technology and sustainable practices, Arabian Drilling Company ensures efficient and environmentally-responsible operations that are crucial in an industry facing increasing scrutiny over environmental concerns. It plays a vital role in the Saudi Arabian economy, contributing significantly to the country's oil production capability and energy independence. By collaborating with major oil companies and leveraging its expertise, the company enhances the productivity and longevity of oil fields, which is critical in a region that is a leading global oil exporter. Arabian Drilling Company's operations are integral to maintaining the competitive edge of the Middle Eastern oil industry on the global stage, ensuring a steady supply chain of fossil fuels that powers economies worldwide.

About

CEO
Employees
6143
Address
PO Box 4110
Al Khobar, 31952
Phone
966 138 297 000
Website
Instrument type
Common stock
Sector
Energy
Industry
Oil & Gas Drilling
Country
Saudi Arabia
MIC code
XSAU
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Main market opens in 21 hours 50 minutes

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15:00 - 15:20
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