Arabian Drilling Co 2024 AR2
The report highlights Arabian Drilling's performance in 2024, showcasing its resilience and strategic pivot to the unconventional gas market. The company successfully deployed 13 unconventional land rigs, cementing its position as the largest drilling contractor in Saudi Arabia by fleet size. Financially, the company achieved record revenues of SAR 3.6 billion, maintaining a strong EBITDA margin of 41.7%. On the sustainability front, Arabian Drilling launched its Sustainability Policy, established a Sustainability Steering Committee, and advanced its decarbonization efforts through renewable energy and efficiency initiatives.
Company: Arabian Drilling Co
Sector: Mining & quarrying
Country: Saudi Arabia
Year: 2024
Type: AR2
Pages: 95
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Arabian Drilling Co
Annual Report
The report highlights Arabian Drilling's performance in 2024, showcasing its resilience and strategic pivot to the unconventional gas market. The company successfully deployed 13 unconventional land rigs, cementing its position as the largest drilling contractor in Saudi Arabia by fleet size. Financially, the company achieved record revenues of SAR 3.6 billion, maintaining a strong EBITDA margin of 41.7%. On the sustainability front, Arabian Drilling launched its Sustainability Policy, established a Sustainability Steering Committee, and advanced its decarbonization efforts through renewable energy and efficiency initiatives.
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Document Details
Report Year
2024
Reporting Period
Jan 1, 2024 - Dec 31, 2024
Fiscal Year
2024
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Net Zero Target
Employees