Kingdom 1 and 2 Drilling Rigs Project

Kingdom 1 and 2 Drilling Rigs Project

Project Type
Greenfield
Sector
Oil & gas/Oil - Upstream (Exploration and production)
Project Stage
In construction
Region
Middle East
Middle East
Country
Saudi Arabia

Project Overview

Project cost
$359m
Financial Stage
Financial close

Ownerships

Date: 15 Oct 2023
Company Percentage
Valaris Limited 50.00 %
Saudi Aramco 50.00 %

Project Deals

Kingdom 1 and 2 Drilling Rigs Project - Financing
$358.7m
Oct 2023
Project & Infrastructure Finance
Oil - Upstream (Exploration and production)
Middle East
Middle East
Saudi Arabia