Search results for: Saudi Aramco Development Company

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  • 8 November 2019
    Business & Finance

    The European Commission has approved the creation of a joint venture between subsidiaries of oil giant Saudi Aramco and South Korean rig and shipbuilder Hyundai Heavy Industries.

  • 9 September 2014
    Business & Finance

    The National Shipping Company of Saudi Arabia (Bahri) has acquired six vessels from the Vela fleet with the latest VLCC transferred to Bahri’s ownership that took place on Monday 8 September 2014. The latest fleet addition is former Pisces Star, now renamed to Hilwah. Bahri said it would notify the concerning authority parties to issue […]

  • 8 August 2017
    Business & Finance, Exploration & Production

    Oil giant Saudi Aramco has signed contracts that will mark the start of works on what is going to be the giant maritime complex known as King Salman International Complex for Maritime Industries and Services in Ras Al-Khair. The company signed a contract with a consortium comprising Saudi Archirodon Company Ltd and Huta Hegerfeld AG Saudia […]

  • 31 May 2017
    Exploration & Production

    Following an inauguration of the construction of a huge maritime services complex in Saudi Arabia earlier this year, four companies have now teamed up to build an offshore services section there. In a statement on Wednesday, offshore rig builder Lamprell said it had entered into a joint venture (JVCo) with Saudi Aramco Development Company, Bahri and Hyundai […]

  • 13 October 2016
    Business & Finance

    Saudi Aramco’s department for offshore projects has awarded a long-term agreement (LTA) to National Petroleum Construction Company (NPCC) of Abu Dhabi.  The Saudi oil company said the deal was for the execution of its “world-class” offshore development program. In June 2015, four LTA contracts were awarded to international Engineering, Procurement, Fabrication and Offshore installation (EPIC) […]

  • 27 June 2019
    Business & Finance

    The parties signed five separate agreements to reinforce their relationship and expand international operations.

  • 16 March 2015
    Business & Finance

    KBR, Inc. has been awarded a project management contract by Saudi Aramco to provide project management services for Saudi Aramco’s offshore program. Under the terms of this six-year contract, KBR will provide project management and engineering services for existing and new offshore facilities to maintain and increase crude production levels to meet Saudi Aramco’s maximum […]

  • 8 June 2012
    Business & Finance, Operations & Maintenance, Project & Tenders, Research & Development

    CGGVeritas announced that it has signed a Memorandum of Understanding (MOU) with Saudi Aramco for collaborative research and development of geophysical acquisition, processing, analysis and interpretation technologies. The MOU creates a framework for Saudi Aramco and CGGVeritas to identify opportunities for research, development and testing of advanced technologies, including: automation in the seismic value chain […]

  • 20 August 2013

    Singapore’s Sembcorp Marine has signed a Memorandum of Understanding (MOU) with Saudi Aramco and the National Shipping Company of Saudi Arabia (Bahri), one of the largest shipping companies in the world, with the objective of preparing a detailed feasibility assessment aimed at the development of a world-class maritime yard in the Kingdom of Saudi Arabia. […]

  • 1 December 2016
    Project & Tenders

    Saudi king Salman bin Abdulaziz Al Saud has this week laid the cornerstone of the giant, multi-billion maritime complex, near Jubail in the Eastern Province of Saudi Arabia.  The complex is a commercial maritime project said to be the largest of its kind in the region in terms of service capacity, “set to make Saudi […]

  • 9 March 2018
    Project & Tenders

    State oil company Saudi Aramco signed a preliminary deal to pursue international gas opportunities with the Hauge-based LNG giant Shell. The memorandum of understanding was signed in London on Thursday between the two companies during the visit of Saudi Crown Prince Mohammed bin Salman to the UK. The deal includes upstream development, liquefaction projects and […]

  • 28 March 2018
    Business & Finance

    Saudi Aramco has made deals with 14 U.S. companies worth over $10 billion during the Saudi-US CEO Forum in New York.

  • 9 July 2019
    Business & Finance

    Saudi oil giant Saudi Aramco has said it has awarded $18 billion worth of contracts for the engineering, procurement and construction of the Marjan and Berri field increment programs.

  • 28 November 2018
    Business & Finance

    Malaysia’s Sapura Energy has confirmed its subsidiaries Sapura Fabrication Sdn Bhd and Sapura Saudi Arabia, were selected to join Saudi Aramco’s Long-Term Agreement (LTA) programme.

  • 26 June 2019
    Business & Finance

    Saudi oil giant Saudi Aramco has signed twelve agreements potentially worth billions of dollars with major South Korean companies.

  • 17 September 2015
    Business & Finance

    Saudi Arabia’s state-run oil and gas company, Saudi Aramco, has appointed its CEO Amin H. Nasser as President, and also made a number of changes during a meeting in Jeddah, the company reported on Thursday. Nasser, who is also the member of the company’s Board of Directors, was appointed acting President and CEO of the world’s […]

  • 29 November 2017

    Wood has entered into a memorandum of understanding with Saudi Aramco to create and accelerate opportunities for local workforces in Saudi Arabia.

  • 7 July 2011
    Business & Finance, Operations & Maintenance, Project & Tenders

      Insituform Technologies, Inc. announced that its subsidiary, CRTS, Inc., has been awarded a $48.4 million contract from Snamprogetti Saudi Arabia Ltd., a subsidiary of Eni S.p.A., to provide robotic coating of internal field joints for Saudi Aramco offshore pipelines that will transport natural gas from new offshore wells in the Hasbah and Arabiyah gas […]

  • 12 November 2015
    Business & Finance

    Saudi Aramco, an integrated energy and chemicals company, and Hyundai Heavy Industries (HHI) Group have signed a general memorandum of understanding (MoU) to jointly collaborate on business development opportunities in the Kingdom of Saudi Arabia. The signing ceremony was presided by Amin H. Nasser, President and CEO of Saudi Aramco; Ki-sun Chung, Senior Vice President […]

  • 18 December 2019
    Business & Finance

    South Korean HHI Group has completed the sale of a 17% stake in oil refiner Hyundai Oilbank to oil giant Saudi Aramco. 

  • 7 July 2011
    Business & Finance, Equipment

    Insituform Technologies, Inc. announced today that its subsidiary, CRTS, Inc., has been awarded a $48.4 million contract from Snamprogetti Saudi Arabia Ltd., a subsidiary of Eni S.p.A., to provide robotic coating of internal field joints for Saudi Aramco offshore pipelines that will transport natural gas from new offshore wells in the Hasbah and Arabiyah gas […]

  • 16 April 2013

    Saudi Aramco announced the first phase production start-up at the Manifa field commenced on April 10th, 3 months ahead of schedule and well under the program’s approved budget. The Manifa field’s production capacity is expected to reach 500,000 bpd by July 2013, and is planned to reach its full design capacity of 900,000 bpd of […]