June 26th, 20190On a visit to South Korea today, top management at Saudi Aramco has firmed up ties with Hyundai Heavy Industries (HHI), the world’s largest shipbuilder. Saudi Aramco said it has signed an agreement with HHI and Saudi Arabian Industrial Investments Company (Dussur) to jointly set up a company that will manufacture engines and also...
June 25th, 20190McDermott International has been awarded a contract by Saudi Aramco for engineering, procurement, construction and installation (EPCI) services at the Marjan and Zuluf fields, offshore Saudi Arabia. The work scope includes EPCI services for the relocation of control rooms at Zuluf GOSP-4, Marjan GOSP 2 and 3. It includes the...
May 15th, 20190After two of its tankers were hit by suspected explosive devices on Sunday off Fujairah, Saudi Aramco, the world's largest oil and gas company by revenue, said Tuesday it had suffered an attack by armed drones, forcing it to temporarily shut down one of its pipelines. Saudi Aramco officials responded to a fire at East West...
May 13th, 20192International shipping has been placed on high alert after four tankers were “sabotaged” in waters just off Fujairah in the United Arab Emirates. The ships - which include a VLCC and an LR2 belonging to Saudi Arabia’s Bahri, were attacked on Sunday morning. Commenting on the attacks to the two Bahri ships Amjad and Al Marzoqah,...
April 22nd, 20190As Saudi Aramco’s clientele increasingly faces east, its fleet needs are expected to change dramatically from dirty to clean tankers, according to the latest report from Alphatanker, part of AXS Marine. The lion’s share of Saudi crude is now exported to Asia rather than across the Atlantic. As a result of this Alphatanker is...
April 1st, 20190Subsea 7 and Larsen & Tubro’s L&T Hydrocarbon Engineering have been awarded in consortium two contracts by Saudi Aramco for conventional projects in shallow waters offshore Saudi Arabia. The engineering, procurement, construction and installation contracts have been awarded under a long-term agreement with Saudi...
March 29th, 20190Dubai-headquartered Shelf Drilling has secured a three-year contract extension from Saudi Aramco for 1981-built jackup rig . The contract is in direct continuation with the rig's current contract, and will see the rig operating off Saudi Arabia until March 2022. Shelf Drilling was formed in 2012, acquiring a fleet of 37 rigs and a...
March 12th, 20190Asia Offshore Drilling has secured a three-year contract extension from Saudi Aramco for 2013-built jackup rig . The extension is worth $80m and sees AOD I continue to operate in the Middle East through to June 2022. The rig has been on contract with Saudi Aramco since it was first delivered in 2013. Asia Offshore Drilling owns...
March 11th, 20190Product tanker has allided with Taiwanese naval vessel Ning Yang at Keelung port on Saturday. The incident happened when the 45,000 dwt vessel was entering a port terminal and it struck the navy ship, which was anchored at port. Both vessels suffered minor damage, and no injuries or leakage were reported from the...
February 26th, 20190Houston-based offshore services firm McDermott International has been awarded a pair of engineering, procurement, construction and installation (EPCI) contracts by Saudi Aramco for the Marjan field, offshore Saudi Arabia. The first contract includes the full suite of EPCI services for the upgrade of two existing platforms related to...
