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Arabian Drilling Company SJSC 2381.SR · SAR

Energy · Tadawul · 🇸🇦 Saudi Arabia

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100.50

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Close of 9 Nov 2026, in SAR

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About Arabian Drilling Company SJSC

Its shares trade on Tadawul under the ticker 2381.SR. It has been listed since 7 November 2022. In the fiscal year to 31 December 2025, it reported revenue of SAR 3.43bn and a net loss of SAR 75.3m. At that date it held total assets of SAR 10.09bn and shareholders' equity of SAR 5.75bn.

Arabian Drilling Co. engages in providing onshore and offshore oil and gas drilling services. The firm is principally engaged in the drilling of oil and natural gas wells, operations, maintenance and hauling of rigs and related activities. The firm operates principally in following two operating segments: Provision of drilling and related services through land rigs, and Provision of drilling and related services through off-shore rigs. The firm operates one wholy-owned subsidiary, which is Ofsat Arabia LLC.

Figures and description from our data supplier, not checked against the company's own report.

Company facts

Sector
Energy
Industry
Energy Equipment & Services
Listed since
7 Nov 2022

Leadership

Pay as last reported

  • Mr. Khalid Mohammed NouhNon-Executive Chairman of the BoardSAR 215,000
  • Mr. Ghassan Abdulaziz Sulaiman MirdadChief Executive Officer
  • Mr. Tarek RizkNon-Executive Vice Chairman of the BoardSAR 377,000
  • Mr. Hubert LafeuilleChief Financial Officer
  • Mr. Stephane MoynetChief Operating Officer
  • Ms. Sara AliChief Human Resource Officer
  • Mr. Sherif Sanad Abadir TawadrosStrategy and Marketing Director
  • Mr. Mohammed Salim Mahdi Al HaiderLegal Affairs and Contracts Director
  • Mr. Mohammed AlmadiChief Internal Audit Officer
  • Mr. Wilmer CapoteHSE Director
  • Ms. Salwa HelalChief Supply Chain Officer
  • Mr. Waleed Abdullah Abdulaziz Al-MulhimNon-Executive DirectorSAR 377,000

Environmental, social and governance

Scores out of 100, from our data supplier

ESG
Overall
47
Environment
50
Social
36
Governance
54
Direct emissions (scope 1)
367,739 t
Energy emissions (scope 2)
4,132 t
Carbon reduction policy
Yes
Human rights policy
Yes

SWOT analysis

AI-generated by our data supplier. Not written or checked by our editors.

AI-generated

Strengths

  • Arabian Drilling Company SJSC operates in the Energy sector with strong onshore and offshore drilling capabilities.
  • The company's two operating segments provide comprehensive drilling services across land and offshore rigs.
  • Arabian Drilling's wholly-owned subsidiary Ofsat Arabia LLC supports its operational efficiency and service offerings.

Weaknesses

  • The company's operations are limited to the Energy sector without diversification into other industries.
  • Arabian Drilling Company SJSC has no presence in international markets beyond Saudi Arabia.
  • The firm's reliance on oil and gas drilling services makes it vulnerable to market fluctuations.

Opportunities

  • Saudi Arabia's growing energy sector offers potential for expansion of drilling services.
  • The company can leverage its subsidiary Ofsat Arabia LLC for new market opportunities.
  • Increasing global demand for oil and gas may drive higher service volumes for Arabian Drilling.

Threats

  • Fluctuations in oil prices pose a significant risk to the company's revenue streams.
  • Regulatory changes in Saudi Arabia's Energy sector could impact drilling operations.
  • Competition from other drilling service providers in the Middle East region.

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

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