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Arabian Drilling Co. to Restart All Suspended Offshore Rigs

MT Newswires·08/12/2026 02:08:32
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02:08 AM EDT, 08/12/2026 (MT Newswires) -- Arabian Drilling Co. (SASE:2381) received notices to recommence operations for all of its remaining suspended offshore rigs, according to a Wednesday release. The Saudi Arabia-listed oilfield services company expects the resumption to lift offshore fleet utilization to 100% by the end of the third quarter.