# Aramco and NOV launch joint venture to manufacture drilling rigs in Ras Al Khair, Saudi Arabia

Aramco and NOV launched a joint venture, the Arabian Rig Manufacturing Company (ARM), to manufacture drilling rigs and equipment in Ras Al Khair, Saudi Arabia. The facility is expected to produce up to 10 drilling rigs per year.

- Type: New facility
- Announced: 2022-10-11
- Where: Ras Al Khair, Saudi Arabia, Saudi Arabia
- Status: completed
- Capacity: 10 drilling rigs per year
- Products: drilling rigs, drilling equipment
- Sectors: [Mining Equipment](https://endata.com/sectors/mining-equipment.md)

## Companies

- [Aramco](https://endata.com/companies/2946.md)
- [NOV](https://endata.com/companies/1147.md) (partner)
- [Arabian Rig Manufacturing](https://endata.com/companies/37352.md) (partner)

## Sources

- [cdn.alyaum.com](https://cdn.alyaum.com/articles/6426203/%D8%A7%D9%84%D8%A7%D9%82%D8%AA%D8%B5%D8%A7%D8%AF/%D8%A7%D9%84%D8%B7%D8%A7%D9%82%D8%A9/%D9%84%D8%A3%D9%88%D9%84-%D9%85%D8%B1%D8%A9-%D8%A3%D8%B1%D8%A7%D9%85%D9%83%D9%88-%D8%AA%D8%AF%D8%B4%D9%86-%D9%85%D8%B4%D8%B1%D9%88%D8%B9%D8%A7-%D9%85%D8%B4%D8%AA%D8%B1%D9%83%D8%A7-%D9%84%D8%AA%D8%B5%D9%86%D9%8A%D8%B9-%D8%A3%D8%AC%D9%87%D8%B2%D8%A9-%D8%A7%D9%84%D8%AD%D9%81%D8%B1-%D8%AF%D8%A7%D8%AE%D9%84-%D8%A7%D9%84%D8%B3%D8%B9%D9%88%D8%AF%D9%8A%D8%A9), 2022-10-11: "نطمح أن يكون هذا المصنع قلعة من قلاع التصنيع في المملكة ومنطقة الشرق الأوسط، فهو من أبرز المصانع من نوعه على مستوى العالم."

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.