Riyadh, 15th January of 2025
Under the patronage of His Excellency, Mr. Bandar Alkhorayef, the Saudi Arabian Minister of Industry and Mineral Resources, ARGAS, The Arabian Geophysical & Surveying Company, a leading provider of integrated geosciences and engineering solutions, and Christensen Group (Christensen, BOYTEC and Geotec, through its entities in Latin America and with offices, facilities and manufacturing plants in Chile and Peru), a global leader of drilling technologies and services, have announced today, a strategic business agreement to collaborate on enhancing mining downhole tools and drill bits to best-fit the geology of the Kingdom of Saudi Arabia.
This collaboration will leverage ARGAS’s deep understanding of the Saudi Arabian mining sector and Christensen Group’s cutting-edge drilling technologies and expertise.
The agreement supports the availability of best available products and enable the implementation of fit for purpose innovative mining drilling solutions to enhance drilling performance, penetration rates, maximize drilling time, and minimize downtime. This agreement will prioritize safety in all drilling operations by implementing best practices and utilizing advanced safety technologies.
“bringing world-class drilling technologies to the Kingdom’s mining sector,” said Moath Al Rawi, the Chief Executive Officer of ARGAS. “This collaboration aims to enhance mining drilling efficiency and sustainability of our operations in the Kingdom.”
“partnering with ARGAS is aiming to leverage local content and expertise,” said Eugenio Eguiguren, Executive Vice President of Christensen. “Together, we will offer to the drilling market the best tools as diamond bits, drill pipe and downhole tools. Also, we will deliver innovative drilling solutions that meet the unique needs of the Saudi Arabian mining industry.”
This agreement marks a significant step forward in advancing the Saudi mining industry by combining ARGAS’s local knowledge with Christensen Group’s expertise. The partnership aims to deliver significant value to mining operators throughout the Kingdom in light of Vision 2023.
About ARGAS
ARGAS was established in 1966 as a leading Geological and Geophysical company in the Middle East. Over the years, ARGAS expended its services to serve multiple industries, including mining, energy, and construction by offering a fully integrated and comprehensive range of Geoscience solutions.
About Christensen
Founded in 1975, a leading mining product manufacturer that deploys solid and supportive response, marked by the quality and engineering solutions, serving mining and water drilling industries with highest degree of health, safety and environment awareness.
ARGAS Enhancing Geophysical Exploration in Saudi Arabia
ARGAS Provides the First Permanent Helicopter-borne TDEM System in Saudi Arabia, Enhancing Geophysical Exploration
ARGAS, standing on the commitment to be a leading provider of geophysical exploration services, has announced the acquisition of the first permanent helicopter-borne Time Domain Electromagnetics (TDEM) system in Saudi Arabia. This significant investment marks a major milestone in the Kingdom’s geophysical exploration capabilities, offering unparalleled access to cutting-edge technology for a wide range of industries.
The newly acquired TDEM system will be fully available to all companies operating within Saudi Arabia. This accessibility will significantly enhance exploration efforts across various sectors, including:
- Oil & Gas: Precisely mapping subsurface structures to identify potential hydrocarbon reservoirs.
- Mining: Locating and delineating mineral deposits with greater accuracy.
- Groundwater Exploration: Identifying and characterizing aquifers for sustainable water resources management.
- Geotechnical Engineering: Assessing subsurface conditions for infrastructure projects, such as bridges, tunnels, and buildings.
- Environmental Studies: Investigating subsurface contamination and monitoring remediation efforts.
“We are thrilled to introduce this state-of-the-art TDEM system to the Saudi Arabian market,” said Moath Al Rawi. “This investment underscores our commitment to advancing geophysical exploration capabilities within the Kingdom. By providing accessible access to this cutting-edge technology, we aim to support the growth of various industries and contribute to the sustainable development of Saudi Arabia.”
The TDEM system utilizes electromagnetic fields to generate detailed subsurface images. Its high-resolution data provides valuable insights into the electrical conductivity of the subsurface, enabling geologists and geophysicists to accurately map geological structures, identify potential hazards, and optimize exploration and development plans.
ARGAS will offer a comprehensive range of TDEM services, including:
- Data Acquisition: Utilizing experienced crews and state-of-the-art equipment to collect high-quality TDEM data.
- Data Processing & Interpretation: Employing advanced software and expert interpretation to generate accurate subsurface models.
- Project Management: Providing end-to-end project management, from initial planning and design to final data delivery and interpretation.
This acquisition further solidifies ARGAS’s position as a leading provider of geophysical exploration services in Saudi Arabia. By investing in cutting-edge technology and providing accessible solutions, ARGAS continues to play a vital role in advancing the Kingdom’s energy, mining, and infrastructure sectors.
ARGAS Partners with KFUPM to Boost National Capacities in Energy and Minerals
تحت رعاية سمو وزير الطاقة الأمير عبدالعزيز بن سلمان؛ وقعت أركاس اليوم اتفاقية تعاون مشترك مع جامعة الملك فهد للبترول والمعادن لتطوير الطاقات الوطنية لخدمة قطاعي الطاقة والمعادن في المملكةوالمعادن في المملكة
Under the patronage of His Royal Highness Prince Abdulaziz Bin Salman, Saudi Minister of Energy, ARGAS has signed a joint cooperation agreement with King Fahd University of Petroleum & Minerals (KFUPM). This agreement aims to develop national capacities that will serve and strengthen the energy and minerals sectors in the Kingdom of Saudi Arabia. The partnership is expected to foster collaboration in research, training, and the advancement of industry expertise.
saudiarabia kfupm taqa mining energy