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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