Arabian Drilling Co

Common Name
Arabian Drilling
Country
Saudi Arabia
Sector
Energy
Industry
Oil & Gas Drilling
Employees
6,143
Ticker
2381
Exchange
SAUDI STOCK EXCHANGE
Description
Arabian Drilling Company is a prominent player in the energy sector, specializing in onshore and offshore drilling services within Saudi Arabia. The company's primary function is to provide comprehens...

Arabian Drilling's GHG Emissions Data Preview

In 2023, Arabian Drilling completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources) and Scope 2 (indirect emissions from purchased energy).

However, Arabian Drilling has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.

Metric (tCO2e)2023202220212020 - 2017
Total Scope 1
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Total Scope 2
Unspecified Calculation Method
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Total Scope 3
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Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind Arabian Drilling’s Greenhouse Gas (GHG) Emissions Data

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a. Arabian Drilling's Sustainability Report 2023
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Insights into Arabian Drilling's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Arabian Drilling amounted to 371,871 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2). a

Compared to 2022, the total operational greenhouse gas (GHG) emissions of Arabian Drilling increased by 21.76%, suggesting that the company faced challenges in reducing its emissions from its core operations. a

Arabian Drilling's Scope 1 Emissions Over Time

202120222023095 k190 k285 k380 ktCO2e+16%+22%
  • Total Scope 1
  • Year-over-Year Change

What are Arabian Drilling's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Arabian Drilling were 367,739 metric tons of CO₂ equivalent (tCO₂e). a

Has Arabian Drilling reduced its Scope 1 emissions over time?

Since 2021, Arabian Drilling's Scope 1 emissions have increased by 40.62%, reflecting a rising long-term trend in Scope 1 emissions over time. a

Compared to the previous year (2022), Arabian Drilling's Scope 1 emissions increased by 21.61%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a

What are Arabian Drilling's Scope 2 emissions?

In 2023, Arabian Drilling reported Scope 2 greenhouse gas (GHG) emissions of 4,132 tCO₂e without specifying the calculation method. a

Has Arabian Drilling reduced its Scope 2 emissions over time?

Since 2021, Arabian Drilling's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method) have increased by 82.83%, reflecting a rising long-term trend in Scope 2 emissions over time. a

Compared to the previous year (2022), Arabian Drilling's Scope 2 emissions (Unspecified Calculation Method) rose by 37.14% in 2023, suggesting that the company faced challenges in reducing emissions from purchased electricity and energy a

What methodology does Arabian Drilling use for Scope 2 reporting?

In 2023, Arabian Drilling reported its Scope 2 emissions using an unspecified methodology. a

Arabian Drilling's Scope 2 Emissions Over Time

20212022202301.5 k3 k4.5 k6 ktCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Arabian Drilling’s GHG Emissions Intensity Compared to Industry Peers

In 2023, Arabian Drilling reported Scope 1 greenhouse gas (GHG) emissions of 367,739 tCO₂e and total revenues of USD 927 millions. This translates into an emissions intensity of 396.67 tCO₂e per millions USD. a

Arabian Drilling's Scope 1 Emissions Intensity Compared to Peers

501,00020,000500,00010,000,000Scope 1 Emissions (tCO2e)1005002,0005,00020,000Revenues (Millions of USD)BluenordYear: 2023Scope 1: 303,000 tCO2eRevenue: $M 795Scope 1 Intensity: 381.08 tCO2e/$MTransoceanYear: 2021Scope 1: 889,663 tCO2eRevenue: $M 2,556Scope 1 Intensity: 348.07 tCO2e/$MGeoParkYear: 2023Scope 1: 182,345 tCO2eRevenue: $M 757Scope 1 Intensity: 241.00 tCO2e/$MTexas Pacific Land CorpYear: 2023Scope 1: 13,819 tCO2eRevenue: $M 632Scope 1 Intensity: 21.88 tCO2e/$MVelesto EnergyYear: 2023Scope 1: 63,469 tCO2eRevenue: $M 264Scope 1 Intensity: 240.27 tCO2e/$MBumi ArmadaYear: 2023Scope 1: 1,850 tCO2eRevenue: $M 464Scope 1 Intensity: 3.99 tCO2e/$MSeadrillYear: 2023Scope 1: 436,501 tCO2eRevenue: $M 1,502Scope 1 Intensity: 290.61 tCO2e/$MPrairiesky RoyaltyYear: 2023Scope 1: 94 tCO2eRevenue: $M 388Scope 1 Intensity: 0.24 tCO2e/$MExxaro ResourcesYear: 2024Scope 1: 338,000 tCO2eRevenue: $M 2,159Scope 1 Intensity: 156.54 tCO2e/$MCastrol IndiaYear: 2023Scope 1: 745 tCO2eRevenue: $M 614Scope 1 Intensity: 1.21 tCO2e/$MNobleYear: 2023Scope 1: 858,065 tCO2eRevenue: $M 2,589Scope 1 Intensity: 331.42 tCO2e/$MTormYear: 2023Scope 1: 1,558,254 tCO2eRevenue: $M 10,501Scope 1 Intensity: 148.39 tCO2e/$MGolden Energy MinesYear: 2023Scope 1: 688,880 tCO2eRevenue: $M 2,902Scope 1 Intensity: 237.39 tCO2e/$MNew HopeYear: 2023Scope 1: 595,100 tCO2eRevenue: $M 1,814Scope 1 Intensity: 328.03 tCO2e/$MHelmerich and PayneYear: 2023Scope 1: 1,142,000 tCO2eRevenue: $M 2,872Scope 1 Intensity: 397.57 tCO2e/$MFrontlineYear: 2023Scope 1: 2,317,363 tCO2eRevenue: $M 1,802Scope 1 Intensity: 1,285.86 tCO2e/$MArabian DrillingYear: 2023Scope 1: 367,739 tCO2eRevenue: $M 927Scope 1 Intensity: 396.67 tCO2e/$M

How does Arabian Drilling's GHG emissions intensity compare to its peers?

In 2023, Arabian Drilling reported a Scope 1 emissions intensity of 396.67 tCO₂e per millions USD. Compared to the peer group median of 240.63, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a

Where does Arabian Drilling rank on GHG emissions intensity within its industry?

In 2023, Arabian Drilling ranked 15 out of 16 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

This places Arabian Drilling among the least efficient performers, with one of the highest emissions intensities in its sector. a

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