Nabors’ SANAD deployed one newbuild rig in Q1 2026, increasing total newbuilds to 15 in Saudi Arabia. Four additional newbuild rigs are expected to enter service this year, and one previously suspended rig was reactivated, with another planned for Q2. Nabors also added rigs in Latin America and the Lower 48, adjusting its international drilling segment EBITDA to $121 million.
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