International Maritime Industries And ARO Drilling Join Forces To Construct First Offshore Drilling Rig In Saudi Arabia

International Maritime Industries (IMI) has entered into an agreement with Saudi Aramco Rowan Offshore Drilling Company (ARO Drilling) to build a new offshore drilling rig named "Kingdom 3." This initiative is designed to enhance the strategic partnership between the two firms, aiming to elevate the maritime industry within the Kingdom and beyond.

The construction of "Kingdom 3" marks a significant milestone as it will be the first offshore drilling rig built in Saudi Arabia. This development is pivotal for IMI, aligning with its ambition to become a leading global provider of maritime services. The project also aligns with Saudi Vision 2030, supporting the advancement of the maritime sector.

New Offshore Drilling Rig Project in Saudi Arabia

Wail Al-Jaafari, Chairman of IMI, emphasized that starting construction on "Kingdom 3" reflects the company's strategic vision. It underscores their commitment to establishing a robust national maritime supply chain that benefits both regional and global markets. This project is seen as a testament to the Kingdom's support for its maritime industries sector.

Al-Jaafari highlighted that this initiative aligns with the ambitious vision to foster sector growth, support economic diversification, and contribute to long-term prosperity and competitiveness on a global scale. The project is expected to drive progress within the Kingdom's maritime industry.

Abdulhameed Al Dughaither, Chairman of ARO Drilling, stated that this agreement showcases their dedication to leadership in advancing Saudi Arabia's maritime sector. He noted that this collaborative effort aims to empower national talent while strengthening the Kingdom's maritime industries.

The partnership between IMI and ARO Drilling is not only about building infrastructure but also about nurturing local expertise. By focusing on developing national talent, they aim to ensure sustainable growth and innovation within the industry.

This collaboration represents a strategic step towards enhancing Saudi Arabia's position in the global maritime landscape. By investing in local capabilities and infrastructure, both companies are contributing significantly to the Kingdom's economic diversification goals.

With inputs from SPA

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