| Element List |
Explanation |
| Date of Announcement of the Award |
2024-07-11 Corresponding to 1446-01-05 |
| Contract Subject Matter |
Contract Extension for Offshore Drilling Services |
| The Entity with Which the Contract was Signed |
A Major National Oil Company |
| Date of Signing the Contract |
2024-07-10 Corresponding to 1446-01-04 |
| Contract Value |
Approximately SAR 1,317 million |
| Contract Details |
10-years firm contract extension with a Major National Oil Company in Saudi Arabia for a standard jack-up rig Admarine 657. |
| Contract Duration |
10-years firm contract extension. |
| Financial Impact and the Relevant Period |
Extension to commence in the third quarter of 2024 immediately upon expiry of the current contract term. |
| Related Parties |
N/A |
| Attached Documents |
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