About Saudi Arabia down-the-hole drilling rig construction case
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3 FAQs about [Saudi Arabia down-the-hole drilling rig construction case]
What is the Saudi Arabia drilling rigs market like?
The Saudi Arabia drilling rigs market is moderately fragmented. The key players in the market include ARO Drilling, Saipem SpA, Arabian Drilling Company, ADES International Holding PLC, and Shelf Drilling Holdings Ltd. ARO Drilling was awarded a contract for rig V-140 in March 2022.
What is the first jack-up drilling rig manufactured in Saudi Arabia?
It will be the first jack-up drilling rig manufactured in Saudi Arabia. The partnership between ARO Drilling and International Maritime Industries (IMI) has taken a historic step in Saudi Arabia’s offshore sector with the start of construction of the KINGDOM 3 jack-up drilling rig , the first of its kind manufactured in Saudi Arabia.
How will Kingdom 3 transform Saudi Arabia's Maritime Industry?
The construction of KINGDOM 3 will be highlighted by the use of advanced technologies. IMI, which will have the capacity to build up to six drilling platforms per year , is well positioned to transform Saudi Arabia’s maritime industry and foster growth within the offshore sector.