Saudi Aramco awards four rig contracts to ARO Drilling

30/04/2018 Argaam

 

State-owned Saudi Aramco on Monday awarded four three-year contracts for Rowan jack-up rigs to ARO Drilling.

 

US-based Rowan Companies will prepare four of its idle jack-ups rigs for operations, including all contractually required modifications.

 

The rigs will then be leased to ARO Drilling, which will operate the rigs in the Kingdom, Rowan said in a press statement.

 

The leasing process will commence from Q3 2018 until early 2019.

 

ARO Drilling is an equally owned joint venture between Aramco and Rowan.

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