Aside from a deal to build a fourth jack-up in a series of 20 planned newbuild Saudi-operated and manufactured offshore rigs, which has been signed by International Maritime Industries (IMI) and ARO Drilling, a 50/50 joint venture between Valaris and Aramco, a keel laying ceremony has been held for a third jack-up in the same series, which ARO intends to deploy to meet Aramco’s drilling demands.

Kingdom International Maritime Industries Saudi Arabia Lamprell Drilling Aramco Saudi Aramco Hyundai Heavy Industries Saudi Maritime Logistics Congress Wail Al Offshore Energy Aside Valaris Illustration Bahri