Rowan Jack-up Bob Palmer Leased by ARO Drilling for Three-year Contract with Saudi Aramco

Tuesday 19 June 2018

Rowan Companies plc announced that the Bob Palmer, a Super Gorilla XL Class jack-up rig, has been leased to ARO Drilling, the Company's joint venture with Saudi Aramco, to fulfill a three-year contract that ARO Drilling has been awarded by Saudi Aramco. The Bob Palmer was operating for Saudi Aramco in Saudi Arabia and will now do so through ARO Drilling.

Rowan is a global provider of contract drilling services with a fleet of 27 mobile offshore drilling units, composed of 23 self-elevating jack-up rigs and four ultra-deepwater drillships. The Company's fleet operates worldwide, including the United States Gulf of Mexico, the United Kingdom and Norwegian sectors of the North Sea, the Middle East, and Trinidad. Additionally, the Company is a 50/50 partner in a joint venture with Saudi Aramco, entitled ARO Drilling, that owns a fleet of five self-elevating jack-up rigs that operate in the Arabian Gulf.