ARO is a world-class offshore drilling contractor that owns, operates, and manages a fleet of high-specification and premium jack-up rigs in Saudi Arabia. ARO is a joint venture between Saudi Aramco, the world’s largest oil and gas company, and Valaris Companies, an industry-leading, global drilling contractor. This joint venture marks a major milestone towards the development of a competitive Saudi energy sector, as encapsulated in Saudi Aramco’s In-Kingdom Total Value Add (iktva) program and Saudi Vision 2030.
Saudi Aramco and Valaris Companies have worked together continuously in the Saudi Arabian market since 2006, and this strengthened partnership will ensure increased collaboration between the partners, increased efficiency of drilling operations, improved localization of the drilling industry in Saudi Arabia, and best-in-class drilling performance.
The offshore drilling market in Saudi Arabia is expected to expand, creating considerable demand for drilling services. We are committed to purchasing up to 20 newbuild jack-up rigs over 10 years, taking delivery of the first rig as early as 2022, in order to meet Saudi Aramco’s offshore drilling requirements in the Kingdom.
For more information on our shareholders:
https://www.valaris.com
https://www.saudiaramco.com
Company Details
- Employees
- 1.36K
- Founded
- -
- Address
- 4228 King Saud Bin Abdulaziz Rd, Al Qashlah, 8142, Dhahran 34232, Office Tour,saudi Arabia
- Industry
- Oil And Gas
- NAICS
-
Oil and Gas Extraction
- Website
- arodrilling.com
- Keywords
- offshore and drilling.
- HQ
- dammam, Eastern
Aro Drilling Questions
Aro Drilling's website is arodrilling.com
Aro Drilling's LinkedIn profile is https://sa.linkedin.com/company/aro-drilling
Aro Drilling has
1.36K employees.
View email and phone details for 1.36K
employees at Aro Drilling.
Aro Drilling's industry is
Oil and Gas
Aro Drilling's top competitors are
Saudi Aramco Total Refining And Petrochemical Company (Satorp),
Taqa (Industrialization & Energy Services Company),
Maaden,
Halliburton,
Baker Hughes,
Sanad,
Ades - Advanced Energy Systems,
Arabian Drilling,
Nesr,
Aramco.
Aro Drilling's categories are Oil and Gas
Aro Drilling's founding year is 2017
