Saudi Arabia’s International Maritime Industries (IMI), a joint venture (JV) between Saudi Aramco, Lamprell, Bahri and Hyundai Heavy Industries, signed two rig purchase agreements (RPAs) with ARO Drilling, in addition to a subsequent sub-contract agreement with Lamprell Energy Ltd (LEL) to build two Keppel LeTourneau Super 116E jack-up drilling rigs.

ADES International, a drilling contractor, renewed a contract with a client in Saudi Arabia for a jack-up drillship.