Arabian Drilling Company (TADAWUL:2381)
87.35
+1.15 (1.33%)
May 14, 2026, 3:15 PM AST
Arabian Drilling Company Company Description
Arabian Drilling Company operates as an onshore and offshore gas and oil rig drilling company in Saudi Arabia.
Its 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.
The company operates an onshore fleet of 38 rigs, which include medium to ultra-heavy rigs; and offshore fleet of 7 rigs that comprises of ultra-heavy-duty jack-ups.
Arabian Drilling Company was founded in 1964 and is based in Al Khobar, Saudi Arabia. Arabian Drilling Company is a subsidiary of Industrialization & Energy Services Company.
Arabian Drilling Company
| Country | Saudi Arabia |
| Founded | 1964 |
| Industry | Oil & Gas Drilling |
| Sector | Energy |
| CEO | Fahad Al-Bani |
Contact Details
Address: PO Box 4110 Al Khobar Saudi Arabia | |
| Phone | 966 138 297 000 |
Stock Details
| Ticker Symbol | 2381 |
| Exchange | Saudi Stock Exchange |
| Fiscal Year | January - December |
| Reporting Currency | SAR |
| ISIN Number | SA15L1I156H7 |
| SIC Code | 1381 |
Key Executives
| Name | Position |
|---|---|
| Fahad Al-Bani | Chief Executive Officer |
| Farid Mustafayev | Chief Financial Officer |
| Mikael Gren | Chief Operating Officer |
| Bassem ElShawy | Head of Investor Relations |