Saudi Arabia
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Middle East
Bahri taps new CEO in diversification drive
Saudi Arabia’s largest shipping line Bahri has tapped a livestock expert to become its new CEO starting on January 1.…
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Americas
McDermott awarded EPCI contract on Saudi Aramco field in Persian Gulf
Houston-based McDermott International on Monday announced it has been awarded a major contract with Saudi Aramco, Saudi Arabia’s state oil…
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Middle East
Bahri Dry Bulk signs for four newbuilds at Hyundai Mipo
Saudi Arabia’s Bahri has announced that its dry bulk unit Bahri Dry Bulk has signed contracts with Hyundai Mipo Dockyard…
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Middle East
Saudi Aramco signs first contract for King Salman complex
Saudi Aramco has signed a contract with a consortium comprising Saudi Archirodon Company and Huta Hegerfeld AG Saudia Company for…
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Middle East
Bakri Navigation returns to Neda Maritime for aframax acquisition
Saudi Arabian owner Bakri Navigation has acquired 14-year-old aframax tanker from Greek owner Neda Maritime. According to broking sources, Neda…
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Middle East
Saudi Aramco seals yard JV with Bahri, Lamprell and Hyundai Heavy
Saudi Aramco has announced the signing of an agreement with Lamprell, National Shipping Company of Saudi Arabia (Bahri) and Hyundai Heavy…
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Middle East
McDermott International and Saudi Aramco ink new MOU
Houston-based oil industry services company McDermott International has signed a memorandum of understanding (MOU) with Saudi Aramco, coinciding with US…
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Asia
Charter dispute between POSH and Makamin heats up
A dispute between Singapore-listed PACC Offshore Services (POSH) subsidiary POSH Semco and Saudi Arabia’s Makamin Offshore continues to escalate. Last…
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Middle East
Saudi Aramco awards platform contract to NPCC
Saudi Aramco has awarded a contract to UAE’s National Petroleum Construction Company (NPCC) for the construction of four offshore platforms…
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Middle East
Bahri reregistering entire VLCC fleet to the Saudi flag
Tanker giant Bahri is reflagging its 37-strong VLCC fleet to the Saudi Arabian registry. The entire fleet switch will take…
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Americas
McDermott International to build advanced offshore fabrication facility in Saudi Arabia
McDermott International has signed a strategic Memorandum of Understanding (MOU) to build technologically advanced offshore production facilities in Saudi Arabia.…
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Middle East
Bunge and Bahri form dry bulk venture
Agribusiness giant Bunge is teaming up with one of the Middle East’s largest shipowners, Bahri from Saudi Arabia, to form…
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Americas
McDermott International wins new Middle East contracts
McDermott International been awarded a contract from Saudi Aramco for engineering, procurement, construction and installation (EPCI) services in the Safaniya…
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Americas
McDermott gets fast-track offshore contract from Saudi Aramco
Houston-based oil industry services company McDermott International has won a contract from Saudi Aramco for fast-track work offshore Saudi Arabia.…
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Asia
Makamin and POSH dispute escalates
Singapore-listed PACC Offshore Services has announced that Saudi Arabia-based Makamin Offshore is claiming SAR220m ($58.6m) in alleged damages against a…
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Americas
Saudi Aramco and Rowan create drilling jv
Rowan Companies and the Saudi Arabian Oil Company (Saudi Aramco) have signed an agreement to create a 50/50 joint venture…
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Middle East
Bakri takes Neda aframax
Bakri Navigation, one of 2015’s most busy buyers of secondhand tankers, has made a belated foray back into the sector.…
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Middle East
Bihar in Chinese tanker swoop
Allied Shipbroking is reporting that Bihar International from Saudi Arabia has ordered up to eight tankers at New Times Shipbuilding…
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Europe
Ensco secures jackup extensions from Saudi Aramco
UK-headquartered offshore driller Ensco has extended contracts with Saudi Aramco for two jack-up rigs totalling eight years. Ensco 88 has…
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Middle East
Saudi Aramco awards offshore development deal to NPCC
Saudi Aramco has announced that its offshore projects department recently awarded a fifth long-term agreement to National Petroleum Construction Company…
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