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Axess Group signs strategic agreement with ARO Drilling in Saudi Arabia

Axess Group has signed a memorandum of understanding with ARO Drilling to deliver asset integrity management services across its fleet, integrating digital technologies to optimise operations.

Axess Group signs strategic agreement with ARO Drilling in Saudi Arabia

Sectors Gas, Oil, Exploration & Production, Gas Exploration & Production
Themes Investments & Transactions, Commercial Partnerships

Axess Group has entered into a memorandum of understanding with ARO Drilling, a leading offshore drilling operator in Saudi Arabia, to establish a long-term collaboration focused on asset integrity management. The agreement outlines a strategic partnership covering all of ARO’s operational units.

Regional subsidiary Axess Middle East will be responsible for executing the technical scope, which includes inspection, maintenance and fabrication services. The partnership aims to enhance operational efficiency through the integration of advanced digital solutions, while implementing a Total Cost of Ownership model to control expenditures and improve overall performance.

Technology and efficiency at the core of the partnership

Under the terms of the agreement, Axess will provide specialised services supported by digital tools and technologies. This approach aims to strengthen safety protocols while enabling ARO Drilling to standardise and automate key asset management processes.

The memorandum also outlines close technical cooperation. Both companies intend to develop tailored solutions to extend asset life cycles and reduce operational downtime.

Axess strengthens its presence in the Middle East

The agreement is part of a broader expansion strategy by Axess Group in the Gulf region. The company, already operating through several local subsidiaries, seeks to reinforce its position as an integrated engineering services provider for the energy sector.

“We are focused on building a long-term partnership that delivers lasting value for ARO, and we remain committed to exceeding their expectations,” said Jostein Tverdal, Chief Strategy Execution Officer at Axess Group.

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