News & Events

Al Khobar, Saudi Arabia — April 15th, 2025 — ARO Drilling is pleased to announce its recent recognition by the esteemed International Finance Magazine 2024, where it secured the coveted titles of:

• Best Offshore Drilling Rig – Kingdom 1

• Best New Offshore Drilling Rig – Kingdom 2

These accolades mark ARO Drilling’s first international awards since its inception and highlight the company's commitment to innovation, operational excellence, and its pivotal role in advancing the offshore drilling industry within Saudi Arabia. The awards reflect the company’s dedication to building and deploying world-class offshore rigs tailored to meet the dynamic demands of the energy sector.

“We're truly honored to receive these Internationally recognized awards, highlighting our team’s dedication and strategic vision to advance offshore drilling in the Kingdom and beyond,” said Mohamed Hegazi, CEO of ARO Drilling.

"Kingdom 1 and Kingdom 2 represent not just state-of-the-art technology, but also our unwavering commitment to supporting Saudi Arabia’s Vision 2030. We extend our gratitude to our offshore workforce and projects team whose unwavering dedication, and tireless commitment have been the cornerstone of this remarkable achievement, in our collective journey towards continued innovation, distinction and new heights.” Mohamed Hegazi added.

ARO Drilling, a joint venture between Saudi Aramco and Valaris, continues to lead the region’s offshore drilling landscape by combining global expertise with local insights. With the kingdom fleet program, ARO Drilling plays a crucial role in strengthening the Kingdom’s energy infrastructure.

It's noteworthy to mention that these awards are organized by the “International Finance Magazine”, a renowned publication catering to influential decision-makers worldwide. The magazine's awards program recognizes outstanding organizations across the globe that demonstrate significant contributions through innovative approaches and exceptional performance.