Saudi Aramco said it recently completed a new oil rig
that rises 162 feet above the dunes outside Ain Dar.
“This is the first rig built from
scratch for Saudi Aramco,” Fahad Al-Mulaik, manager of the Southern Area Oil
Drilling Department, which includes the Saudi Aramco-owned drill rig program, said in a statement. “By tailoring the rig design to fit our needs, we can make
sure that we get the drilling services we need while setting an example for the
highest standards of safety, efficiency, and environmental protection.”
Because the rig is the first to be designed by
Saudi Aramco engineers and built to company-based specifications, it
will be an important cog for Saudi Aramco moving forward, the release said. The company looks to
build greater localization of drilling services through two joint ventures with
Nabors Industries Ltd. and Rowan Companies Plc.
“The company benefits, because these
rigs will always be there for us when we need drilling services. But the
country’s economy also benefits, because the JVs (joint ventures) will begin building
drill rigs locally, and that creates new jobs,” Al-Mulaik said in the release.
More Stories
- KHALIFA UNIVERSITY: KU Winter Webinar Series
- ISLAMIC CHAMBER OF COMMERCE, INDUSTRY AND AGRICULTURE: ICCIA Congratulates H.E Ambassador Hussein Ibrahim Taha on His Election as the New Secretary General of the Organization of Islamic Cooperation
- FREE UNIVERSITY OF BRUSSELS: 20th edition of the IEE-ULB GEM books
- ISLAMIC CHAMBER OF COMMERCE, INDUSTRY AND AGRICULTURE: The Arab Telecommunications and Information Council of Ministers Approved in It's 24th Cycle on the Selection of Egypt
- AJMAN UNIVERSITY OF SCIENCE AND TECHNOLOGY: Ajman University and Al Dobowi Group Launch New Named Scholarship to Aid Deprived Students
- AJMAN UNIVERSITY OF SCIENCE AND TECHNOLOGY: Ajman University’s Internationalization Efforts Thrive Despite Covid-19 Challenges
- AJMAN UNIVERSITY OF SCIENCE AND TECHNOLOGY: Ajman University Alumnus Maha Al Jaffer appointed UNICEF National Ambassador to Sudan
- KHALIFA UNIVERSITY: Khalifa University’s Seawater Energy and Agriculture System (SEAS) Recognized by Global Water Awards
- KUWAIT QATAR INSURANCE COMPANY: QLM Life & Medical Insurance Company QPSC announces its QAR 659,400,000 IPO on the Qatar Stock Exchange
- AJMAN UNIVERSITY OF SCIENCE AND TECHNOLOGY: AU’s Dr. Mona Salameh Wins Best Paper Award at Key Global Engineering Conference