| Introduction | Arabian Drilling announces signing of a new five-year contract with SLB SCHLUMBERGER MIDDLE EAST S.A. for the provision of 8 additional land rigs for Gas LSTK operations adding approximately SAR 2 billion to backlog |
| Date of Announcement of the Award | 2026-09-13 Corresponding to 1448-04-02 |
| Contract Subject Matter | Signing a new five-year contract for the provision of 8 land rigs for Gas LSTK operations. |
| The Entity with Which the Contract was Signed | SLB SCHLUMBERGER MIDDLE EAST S.A. |
| Date of Signing the Contract | 2026-09-13 Corresponding to 1448-04-02 |
| Contract Value | Approximately SAR 2 billion. |
| Contract Details | This new five-year contract covers the provision of an additional 8 land rigs for Gas LSTK operations. These rigs will be redeployed from the existing available land rig fleet and bring the Company's total backlog to approximately SAR 16 billion |
| Contract Duration | Five (5) years. |
| Financial Impact and the Relevant Period | The contract is expected to contribute to the Company's revenues starting from the fourth quarter of 2026. |
| Related Parties | SLB, is one of major shareholders of Arabian Drilling |
| Attached Documents |  |
