{"id":87094,"date":"2026-05-31T11:41:59","date_gmt":"2026-05-31T08:41:59","guid":{"rendered":"https:\/\/gulftech-news.com\/en\/?p=87094"},"modified":"2026-05-31T11:51:58","modified_gmt":"2026-05-31T08:51:58","slug":"amak-launches-advance-drilling-co-to-accelerate-exploration-and-support-sector-growth","status":"publish","type":"post","link":"https:\/\/gulftech-news.com\/en\/2026\/05\/31\/amak-launches-advance-drilling-co-to-accelerate-exploration-and-support-sector-growth\/","title":{"rendered":"AMAK Launches \u2018Advance Drilling Co.\u2019 to Accelerate Exploration and Support Sector Growth"},"content":{"rendered":"\n
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Wholly owned subsidiary established with SAR 100 million capital, built on AMAK\u2019s operational expertise
Najran, Kingdom of Saudi Arabia \u2013 Date: In a strategic step aimed at accelerating exploration activities, supporting the development of mining projects, and enhancing its role in the growth of the mining sector in the Kingdom, AMAK announced the establishment of \u201cAdvance Drilling,\u201d a wholly owned simplified joint stock subsidiary of AMAK, with an authorized capital of SAR 100 million (SAR 40 million paid-up capital), headquartered in Najran.
The new company will focus on supporting and accelerating AMAK\u2019s exploration activities and providing exploration drilling services to all local and international companies and institutions specialized in exploration and mining activities within the Kingdom.<\/p>\n\n\n\n

The launch of Advance Drilling Co. reinforces AMAK\u2019s growth strategy, introduced in Sep 2024, which focuses on strengthening its capabilities across the mining value chain, enhancing control over exploration timelines, and improving the efficiency of converting resources into production.<\/p>\n\n\n\n

Leveraging AMAK\u2019s extensive operational track record, Advance Drilling Co. will implement industry-leading standards in drilling operations, ensuring efficiency, safety, and consistency in execution, while supporting the Company\u2019s broader exploration objectives.<\/p>\n\n\n\n

AMAK views this move as a pivotal strategic step aligned with Saudi Vision 2030, which positions mining as the third pillar of the national industrial base. It reflects a proactive response to growing demand for specialized drilling services in the Saudi market, through the creation of an integrated operational platform that combines drilling and complementary services with greater efficiency and flexibility. The company is well positioned to become a trusted partner to mining companies and exploration-focused investors, contributing to the development of a more integrated national mining ecosystem.
Geoff Day, Chief Executive Officer of AMAK, said:
\u201cExploration is at the core of sustainable mining growth. By bringing drilling capabilities in-house, we gain flexibility, speed, and cost efficiency in executing our exploration programs. Advance Drilling Co. positions AMAK to unlock value from its resource base more effectively and supports our ambition to scale operations in line with our long-term strategy
While AMAK will be one of the customers using the services of Advance Drilling, the company will offer its services to any other company that requires professional exploration drilling services<\/p>\n\n\n\n

This development underscores AMAK\u2019s continued progress in advancing its growth initiatives, including expanding its resource base, developing new mines, and enhancing operational performance across its portfolio, while supporting the Kingdom\u2019s broader economic diversification agenda.<\/p>\n\n\n\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

Wholly owned subsidiary established with SAR 100 million capital, built on AMAK\u2019s operational expertiseNajran, Kingdom of Saudi Arabia \u2013 Date: In a strategic step aimed at accelerating exploration activities, supporting the development of mining projects, and enhancing its role in the growth of the mining sector in the Kingdom, AMAK announced the establishment of \u201cAdvance …<\/p>\n","protected":false},"author":6,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[5702,946],"class_list":["post-87094","post","type-post","status-publish","format-standard","hentry","category-news","tag-amak-launches","tag-technology-news"],"yoast_head":"\nAMAK Launches \u2018Advance Drilling Co.\u2019 to Accelerate Exploration and Support Sector Growth - Gulf Tech News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/gulftech-news.com\/en\/2026\/05\/31\/amak-launches-advance-drilling-co-to-accelerate-exploration-and-support-sector-growth\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"AMAK Launches \u2018Advance Drilling Co.\u2019 to Accelerate Exploration and Support Sector Growth - 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