02:48 AM EDT, 08/31/2026 (MT Newswires) -- Arabian Drilling Co. (SASE:2381) signed a five-year contract worth 3 billion Saudi riyals to provide 11 land rigs to SLB Schlumberger Middle East. The oilfield services company said in a Monday filing that the contract will begin contributing to revenue from the third quarter. SLB is one of Arabian Drilling's major shareholders, the company noted.

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