Riyadh – Sharikat Mubasher: Allrig, a global asset management firm for the energy sector, is expanding its operations in Saudi Arabia through its Al Khobar office, in partnership with AstroLabs.

 As per an official press release, the expansion will also enable Allrig to tap into new areas, including FPSO operations and energy R&D, further anchoring its presence in the Saudi market.

The move signals a deeper commitment to Saudi Arabia’s Vision 2030 goals by boosting local energy efficiency and production capabilities.

Having operated in the Kingdom for nine years, Allrig has supported over 50 rigs in 2024 alone, offering specialized services like jacking system overhauls and drilling equipment recertifications. The company holds Aramco approvals for CNDT and Below-the-Hook inspections, reinforcing its technical credibility in the region.

Robert McInnes, the company’s CEO, said the expansion reflects Allrig’s goal to scale operations and deepen partnerships in Saudi Arabia’s evolving energy ecosystem. AstroLabs, which facilitates international business setups in the Kingdom, hailed the move as a step toward maximizing the value of local natural resources and advancing sustainable growth.