February 7, 2025
Saudi Aramco’s JV to manufacture drilling rigs in Kingdom for first time

Author: article author: Arab NewsWed, 2022-10-12 13:36
RIYADH: Oil giant Saudi Aramco has launched Arabian Rig Manufacturing, a joint venture firm with American entity NOV, to manufacture drilling rigs and related equipment for the first time in Saudi Arabia. 

Located at Ras Al-Khair, the new facility is expected to reduce dependence on imported products in one of the largest oil-producing nations…
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