Saudi Aramco completes oil rig near 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.