Faisal Alnughaimish

ARO Drilling is a world-class offshore drilling contractor that owns, operates, and manages a fleet of high-specification and premium jack-up rigs in Saudi Arabia. ARO Drilling is a joint venture between Saudi Aramco, the world’s largest oil and gas company, and Valaris Companies, an industry-leading, global drilling contractor. This joint venture marks a major milestone towards the development of a competitive Saudi energy sector, as encapsulated in Saudi Aramco’s In-Kingdom Total Value Add (iktva) program and Saudi Vision 2030. Saudi Aramco and Valaris Companies have worked together continuously in the Saudi Arabian market since 2006, and this strengthened partnership will ensure increased collaboration between the partners, increased efficiency of drilling operations, improved localization of the drilling industry in Saudi Arabia, and best-in-class drilling performance. The offshore drilling market in Saudi Arabia is expected to expand, creating considerable demand for drilling services. We are committed to purchasing up to 20 newbuild jack-up rigs over 10 years, taking delivery of the first rig as early as 2022, in order to meet Saudi Aramco’s offshore drilling requirements in the Kingdom. For more information on our shareholders: https://www.valaris.com https://www.saudiaramco.com

Following termination of the Arabian Oil Company concession agreement with the Kingdom of Saudi Arabia on February 27, 2000, Aramco Gulf Operations Company (AGOC) commenced its activities on February 28, 2000. AGOC took over the Saudi Government share of oil production and other hydrocarbon products in the divided zone, comprising four oil fields: Khafji, Hout, Lulu and Dorra. Aramco Gulf Operations Company is incorporated as 100% subsidiary of the Kingdom’s national oil company Saudi Aramco and operates as an independent entity with its own Board of Directors, responsible to Saudi Aramco as shareholder.

الصفحة الرسمية لنادي القادسية السعودي نادي الخبر الوحيد منذ عام 1967 ومنبـع النجوم السعودية في جميع الرياضات 🇸🇦 بطل كأس ولي العهد - 1992 🏆 بطل كأس الكؤوس الآسيوية - 1993 🏆 بطل كأس الاتحاد السعودي - 1994 🏆 The Official Page of Al-Qadisiyah Saudi Club The pride of the Eastern Province since 1967 Nurturing Saudi stars across all sports 🇸🇦 Crown Prince Cup Champions (1992) 🏆 Asian Cup Winners Cup Champions (1993) 🏆 Saudi Federation Cup Champions (1994) 🏆

ARO Drilling is a world-class offshore drilling contractor that owns, operates, and manages a fleet of high-specification and premium jack-up rigs in Saudi Arabia. ARO Drilling is a joint venture between Saudi Aramco, the world’s largest oil and gas company, and Valaris Companies, an industry-leading, global drilling contractor. This joint venture marks a major milestone towards the development of a competitive Saudi energy sector, as encapsulated in Saudi Aramco’s In-Kingdom Total Value Add (iktva) program and Saudi Vision 2030. Saudi Aramco and Valaris Companies have worked together continuously in the Saudi Arabian market since 2006, and this strengthened partnership will ensure increased collaboration between the partners, increased efficiency of drilling operations, improved localization of the drilling industry in Saudi Arabia, and best-in-class drilling performance. The offshore drilling market in Saudi Arabia is expected to expand, creating considerable demand for drilling services. We are committed to purchasing up to 20 newbuild jack-up rigs over 10 years, taking delivery of the first rig as early as 2022, in order to meet Saudi Aramco’s offshore drilling requirements in the Kingdom. For more information on our shareholders: https://www.valaris.com https://www.saudiaramco.com