The signing ceremony took place at the iktva Forum & Exhibition held in Dhahran Expo from 13-16 January 2025 ...
IMI and ARO Drilling commence construction of first Saudi-built jack-up rig. Find the latest news from the maritime industry on the PortNews website.
Aro Drilling’s newbuild jack-up drilling rig programme is continuing in Saudi Arabia with a drilling equipment package recently awarded to National Oilwell Varco (NOV). This will be the third newbuild ...
NBR expects capital expenditures to range from $195-$205 million, with $80-$85 million earmarked for new builds in Saudi ...
International Maritime Industries (IMI), a leading maritime construction and repair company and the largest maritime facility in the MENA region, finalised and activated a landmark agreement with ...
Last year Aramco awarded contracts worth a combined $25 billion for expansion, drilling and capacity maintenance projects for its natural gas assets. The awards “progress its strategic gas ...
The newbuild rigs are designed for Saudi Aramco's operations; the first two were based on the LeTourneau 116E design. Upstream has requested comment from Aro Drilling, which has expressed ...