The Saudi Arabia Drilling Rigs Market size in terms of Equal-4.80 is expected to grow from USD 4.5 billion in 2024 to USD 5.69 billion by 2029, at a CAGR of 4.80% during the forecast period (2024-2029).
The Saudi Arabian drilling rigs market is moderately fragmented. Some major players (in no particular order) include ARO Drilling, Saipem SpA, Arabian Drilling Company, ADES International Holding PLC, and Shelf Drilling Holdings Ltd.
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