Saudi Aramco Recalls Two Arabian Drilling Jackups for 2026 Restart
Arabian Drilling, Saudi Arabia’s largest drilling contractor by fleet size, has been notified by Saudi Aramco to resume operations for two of its offshore jackup rigs that were temporarily suspended. The original suspension notice covered three jackups and was issued in spring 2024.
At the time, Arabian Drilling stated the suspensions would last up to 12 months, though specific rigs and suspension timelines were not disclosed. The two rigs now set to restart will operate at prevailing market dayrates beginning in the first quarter of 2026.
This restart will lift offshore rig utilization to 100% in the second quarter of 2026. In 2025, Arabian Drilling successfully renewed 22 out of 24 expiring rig contracts, including 11 land rigs and one jackup contracted to KJO.
“The resumption of two offshore rigs is an encouraging signal for Arabian Drilling and the broader energy sector in Saudi Arabia. This development signals renewed momentum and growing confidence in our operations,” said Ghassan Mirdad, CEO of Arabian Drilling.
Arabian Drilling was among several companies affected by Saudi Aramco's contract suspensions, along with Borr Drilling, Shelf Drilling, and ADES.
Key Points
- Two of three suspended offshore jackups to resume work in early 2026.
- Offshore rig utilization expected to reach 100% by Q2 2026.
- 22 out of 24 rig contracts renewed in 2025, including land and jackup rigs.
- Other companies impacted by suspensions included Borr Drilling, Shelf Drilling, and ADES.
Summary: Arabian Drilling’s planned 2026 restart of two suspended jackups reflects positive momentum and confidence returning to Saudi Arabia’s offshore drilling sector.
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