US-based asset manager Allrig, specialised in services for the energy industry, has announced a significant expansion of its activities in Saudi Arabia. The company has formalised the extension of its Al Khobar office, supported logistically by AstroLabs, a platform facilitating business establishment in the Gulf region.
Regional deployment and consolidation of expertise
Present in the Kingdom for nine years through partnerships validated by Saudi Arabian Oil Company (Aramco), Allrig is further consolidating its position in the local market. In 2024, the company provided compliance and maintenance services on over 50 rigs, reflecting its operational scope. Allrig relies on an international network spanning Asia-Pacific, India, the Middle East and Africa, Europe, Brazil, and Mexico, where it delivers specialised services such as jacking system overhauls, derrick remedial works, and drilling equipment recertifications.
The company holds Aramco accreditations for Eddy Current Non-Destructive Testing (CNDT) and Below-the-Hook inspections, which enhance its technical capabilities and reputation among Saudi operators.
Institutional support and alignment with national ambitions
Robert McInnes, Chief Executive Officer of Allrig, highlighted that the company leverages its experience gained since 2016 in the Kingdom to increase its operational capacity and strengthen its local partnerships. He stated that Allrig’s expanded presence in Saudi Arabia aligns with the region’s growth momentum and aims to support Vision 2030 objectives, notably optimising energy asset management.
Alex Nicholls, Director of Expansion at AstroLabs, noted that the move demonstrates Allrig’s commitment to playing an active role in value creation within Saudi Arabia’s energy sector. The partnership with AstroLabs allows Allrig to further anchor its activities at the core of the country’s industrial fabric, relying on proven expertise and a dedicated local team.
Development outlook and sector challenges
Allrig plans to continue expanding its technical and human capacities in Saudi Arabia, amid increasing demand for maintenance and compliance solutions. The company’s activities focus on enhancing equipment reliability and maximising the operational availability of energy facilities.
Its localisation strategy is based on strengthening local skills and adapting services to international industry standards. The company aims to support the Kingdom’s growing presence on the global energy scene. According to company leaders, this new step confirms Allrig’s intention to consolidate its market share in the Middle East and accompany the sector’s transformation.