Allrig, a global asset management firm serving the energy sector, is expanding its operations in Saudi Arabia through the continued growth of its existing office in Al Khobar.
This strategic move – supported by AstroLabs, the Gulf’s business expansion platform that enables businesses to set up and operate in Saudi Arabia – underscores Allrig’s commitment to supporting Saudi Arabia’s future energy goals by major oil and gas projects in the country
Allrig’s Saudi expansion builds on the company’s established presence in Saudi Arabia, having operated in Saudi Arabia for nine years through Aramco-approved partnerships. In 2024 alone, the company successfully supported operations across over 50 rigs, delivering critical compliance and maintenance services and averaging over 12 scopes per rig.
Allrig leverages a global network of offices and facilities in major districts around the world. Besides Houston, which is home to Allrig’s head office, the company has offices in Asia Pacific, India, the Middle East and Africa, Europe, Brazil, and Mexico.
These included specialised services such as jacking system overhauls, derrick remedial works, and drilling equipment recertifications, reflecting Allrig’s technical capabilities and deep operational experience in the region. Allrig also holds Aramco approvals for CNDT and Below-the-Hook inspections, reinforcing its technical capabilities and trusted presence within Saudi Arabia.
“Allrig has been active through partnerships in Saudi Arabia since 2016. As part of Allrig’s continued commitment to excellence and growth in the Middle East and especially Saudi Arabia of Saudi Arabia, we are excited to deepen our presence in Saudi Arabia,” said Robert McInnes, CEO of Allrig.
“With years of experience in the region, we are focused on expanding our operational capacity, strengthening our partnerships, and contributing to Saudi Arabia’s ambitious Vision 2030 objectives. Our expertise in offshore drilling equipment and services, coupled with a dedicated local team, positions Allrig as a reliable partner in the country’s energy sector,” McInnes added.
“Allrig’s expansion into Saudi Arabia demonstrates full commitment and readiness to contribute to the country’s sustainable economic growth by playing a vital role in maximising the value of natural assets in alignment with Vision 2030 objectives,” commented Alex Nicholls, director of expansion at AstroLabs.
With this expansion, Allrig will be well-positioned to serve new and long-standing clients and create synergies in areas like floating production, storage, and offloading, FPSO of oil and gas and research and development, R&D, further establishing deeper roots in this critical market.
AstroLabs is the business expansion platform in the Gulf, enabling high-growth companies to set up, operate, and fully integrate into the Saudi and UAE markets.
Allrig is the one-stop shop partner for asset management needs; from inspection, service, and repair to maintenance and parts supply of key equipment.
