Aramco and NOV form JV to build rig manufacturing plant in Ras al-Khair

Saudi Aramco and National Oilwell Varco formed a joint venture, Arabian Rig Manufacturing, to build a world-class onshore rig and equipment manufacturing facility in Ras al-Khair, Saudi Arabia. The facility will span 500,000 square meters, produce 10 rigs per year, and create 1,100 jobs. Commissioning is expected by 2020, with the first rig delivered by 2021.

“Construction work will be completed in two years.”aramco.com

• 1 source
• aramco.comAramco commences operations at Arabian Rig Manufacturing | AramcoFeb 15, 2019

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