News & Events

ARO Drilling Secures Strategic 5-year Agreements for 5 Offshore Jack Up rigs with Saudi Aramco, Marking Milestone in Contracting and Localization Efforts

 

Al Khobar, Saudi Arabia — May 21, 2025 — ARO Drilling (the “Company”) is pleased to announce five-year agreements with Aramco for the extension of five offshore drilling jackup rigs. These agreements mark a key milestone in the Company’s continued operations for Aramco, while further contributing to the Kingdom's economic growth. These agreements include the following offshore rigs:

 

·      Bob Palmer (BP-50)

·      Rowan Mississippi (RM-74)

·      Ensco 140

·      Ensco 141

·      EXLIV (83)

 

This achievement highlights ARO Drilling’s resilience and ability to secure significant and strategic backlog in a dynamic and challenging market. It also reflects the Company’s commitment to safety and operational excellence in its offshore drilling operations.

 

At the heart of ARO Drilling’s approach are its core operational principles — Safe, Steady, Simple, and Sustainable — which enable the Company to consistently deliver exceptional performance and value to its stakeholders.

 

On this occasion, Mr. Mohamed Hegazi, CEO of ARO Drilling, expressed his gratitude to Aramco for their continued trust and support: “These agreements are testament to the strong and enduring relationship between ARO Drilling and Aramco. We are grateful for our customer’s confidence in our ability to deliver safe, reliable, and high-quality offshore drilling services. These agreements solidify our position as a leading offshore drilling contractor in the Kingdom and increases our backlog. Congratulations to our dedicated and passionate ARO employees on this occasion.”

 

Mr. Ibrahim Al Meshref, Business Development Director, added: “This achievement aligns perfectly with ARO Drilling’s vision of creating long-term value, advancing local content, and supporting the broader economic development of the Kingdom. Our continued collaboration with Aramco strengthens the local industrial ecosystem and plays a vital role in supporting the success of Saudi Vision 2030. These agreements further enhance our ability to contribute to the growth of the national economy and the energy sector.”