International Maritime Industries, Aro Drilling Partner to Construct 'Kingdom 4' Offshore Rig

International Maritime Industries (IMI) signed an agreement with Aro Drilling (Aro) for the construction of a new offshore drilling rig named "Kingdom 4." The announcement was made during the Saudi Maritime and Logistics Congress in Dammam yesterday.

 The agreement aims to strengthen the strategic partnership between the companies, expand Aro's operations in Saudi regional waters, and enhance the Kingdom's leadership in the maritime sector.

 This project reflects the shared vision of IMI and Aro to redefine industry standards, strengthen local supply chains, and support the goals of Saudi Vision 2030, particularly in economic diversification and sustainable industrial growth.

 IMI's 12 million-square-meter facility in Ras Al-Khair will enable the construction of up to six offshore drilling rigs, 25 offshore support vessels, and 18 large commercial vessels annually, including chemical tankers, bulk carriers, product tankers, and very large crude carriers (VLCCs). The facility will also provide maintenance and repair services for up to 250 vessels and 15 drilling rigs each year.