03:28 AM EDT, 08/19/2026 (MT Newswires) -- Arabian Drilling (SASE:2381) secured a contract from Masirah Oil Ltd. and Northern Offshore Ltd. as part of its entry into the Gulf Cooperation Council market. The oilfield services company will drill two firm wells and two optional wells in Oman, according to a Wednesday release. Arabian Drilling added that the contract is valued at less than 5% of its total revenue based on its 2025 audited financial statements.

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