Search results for: saudi-arabia

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  • 3 October 2019

    The drone attacks affected 60% of Saudi Arabia’s LPG production.

  • 22 February 2012
    Business & Finance

    Inchcape Shipping Services (ISS), the world’s leading maritime services provider, today announced the launch of new operations in the Kingdom of Saudi Arabia. The move provides ISS with a significant presence in one of the largest industrial and project-orientated economies within the Middle East. In creating the new entity, ISS has signed a joint venture […]

  • 21 November 2016
    Business & Finance, Exploration & Production

    Offshore driller Rowan Companies and the Saudi Arabian Oil Company (Saudi Aramco) have signed an agreement to create a 50/50 joint venture to own, operate, and manage offshore drilling rigs in Saudi Arabia. According to the agreement signed through subsidiaries of the two companies, the new joint venture company will use Rowan’s business in Saudi […]

  • 24 March 2016
    Project & Tenders

    UTEC Survey, an Acteon company, has appointed Zamil Group as its partner agent in the Kingdom of Saudi Arabia.  The appointment allows UTEC Survey to support projects undertaken by its clients actively involved with Aramco ‘LTA’ contracting agreements. UTEC Survey Regional Manager, Sean Fowler, said: “We were extremely selective in choosing the correct partner to […]

  • 18 July 2017
    Business & Finance

    Australian engineering company WorleyParsons has been awarded a contract by Saudi Aramco for work on the Marjan oil field development in Saudi Arabia.  According to a Tuesday statement by the Australian company, it was awarded the project management and front end engineering and design (FEED) services for the offshore oil and gas facilities portion and the […]

  • 6 November 2019
    Rules & Regulation

    The Saudi Arabian flagged fleet grew by 28 percent in 2018.

  • 16 July 2019
    Business & Finance

    Sparrows Group has been awarded approved supplier status by Saudi Arabia’s national oil company Saudi Aramco.

  • 13 August 2012
    Business & Finance

    International mechanical engineering group, EnerMech, has signed a joint venture agreement with Saudi based Shoaibi Group to form EnerMech Saudi Arabia Limited (EnerMech S.A. Ltd). Based in Al Khobar, Saudi Arabia, EnerMech S.A. Ltd will provided crane, hydraulics, valves, process, pipelines and umbilicals (PPU), lifting and inspection services, equipment rental and specialist training to the […]

  • 14 August 2013
    Business & Finance

    On July 29, the signing ceremony for Flood Control Project of Jeddah, Saudi Arabia was held in the meeting room of Mecca Governor Office Building. The client’s representative, Prince Khalid Al Faisal, and the contractor’s representative, Dai Zhanping, the general manager of CCCC Saudi Arabia Branch, signed on the contract. The Flood Control Project of […]

  • 12 July 2013
    Business & Finance

    The Defense Security Cooperation Agency notified Congress July 9 of a possible Foreign Military Sale to Saudi Arabia of 30 Mark V patrol boats and associated equipment, parts, training and logistical support for an estimated cost of $1.2 billion. The Kingdom of Saudi Arabia has requested a possible sale of 30 Mark V patrol boats, […]

  • 1 December 2016
    Business & Finance

    The inauguration ceremony of the King Salman Global Maritime Industries Complex was held at Ras Al-Khair, near Jubail in Saudi Arabia, on November 29, 2016, South Korean shipbuilder Hyundai Heavy Industries (HHI) informed.  Saudi Arabia’s King Salman bin Abdulaziz Al Saud laid the cornerstone of the King Salman International Complex for Maritime Industries & Services, […]

  • 13 February 2019
    Business & Finance

    Saudi Arabia’s Crown Prince HRH Mohammed bin Salman bin Abdulaziz inaugurated King Abdullah Port earlier this week, during his visit to King Abdullah Economic City, the Saudi Arabia’s State News Agency (SPA) reports. The new port was established on the basis of an ambitious vision that the Kingdom of Saudi Arabia needs a world-class port, […]

  • 9 May 2016

    The end of March saw a resolution reached between Kuwait and Saudi Arabia for the resumption of production from the Khafji field – located in the Arabian Gulf, Douglas Westwood writes in its Monday report. The project was shut-in by the Saudis in October 2014 due to environmental regulation breaches, March’s initial agreement was backed […]

  • 8 October 2014
    Business & Finance, Equipment, Operations & Maintenance

    Mermaid Subsea Services (MSS) has increased its shareholding interest in Subtech Saudi Arabia from 70% to 95%. This consolidation took the form of an acquisition by MSS of 30% of the shares in Subtech Saudi Arabia from General Technology & Systems (Gentas) followed by the sale of 5% of the said shares by MSS to […]

  • 17 October 2012
    Business & Finance

    GMS Saudi Arabia’s self elevating and self propelled jack up barge Kudeta has been chartered to Saudi Aramco to provide cover for Aramco barge drydocking programme commencing in December of 2012. This is the third GMS SESV contracted to Saudi Aramco in the second half of this year. GMS Saudi Arabia is a joint venture […]

  • 19 June 2017

    Saudi Arabia has reportedly thwarted what appeared to be an attack on an offshore oilfield in the country’s territorial waters. The country’s government-run press agency cited an official source who said that at 20:28 on Friday, 16th June, three small boats, bearing red and white flags, entered the Saudi territorial waters in the Arabian Gulf, […]

  • 12 July 2013

    The Defense Security Cooperation Agency notified Congress July 9 of a possible Foreign Military Sale to Saudi Arabia of 30 Mark V patrol boats and associated equipment, parts, training and logistical support for an estimated cost of $ 1.2 billion. The Kingdom of Saudi Arabia has requested a possible sale of 30 Mark V patrol […]

  • 17 May 2011

      With less than a month to go to the opening of the GE Energy Manufacturing Technology Center, employees of GE in the Kingdom are looking forward to the educational and hands-on training prospects that the facility will offer. The Center further expands GE’s local job creation and training commitment to Saudi Arabia and is […]

  • 13 February 2019
    Business & Finance

    Saudi Arabia’s Crown Prince HRH Mohammed bin Salman bin Abdulaziz inaugurated King Abdullah Port earlier this week, during his visit to King Abdullah Economic City, the Saudi Arabia’s State News Agency (SPA) reports. The new port was established on the basis of an ambitious vision that the Kingdom of Saudi Arabia needs a world-class port, […]

  • 25 September 2012
    Business & Finance

    Grand opening ceremony was held for steel pipe pile construction of Berth 69 Project of Yanbu Industrial Port of Saudi Arabia on September 13. The ceremony was attended by Zahrani as Deputy Director of the Port Authority of Yanbu Industrial Port of Saudi Arabia, Omar as representative of the Project Owner, Chen Yangui as Deputy […]

  • 13 August 2012
    Business & Finance, Project & Tenders

    International mechanical engineering group, EnerMech, has signed a joint venture agreement with Saudi based Shoaibi Group to form EnerMech Saudi Arabia Limited (EnerMech S.A. Ltd). Based in Al Khobar, Saudi Arabia, EnerMech S.A. Ltd will provided crane, hydraulics, valves, process, pipelines and umbilicals (PPU), lifting and inspection services, equipment rental and specialist training to the […]

  • 21 August 2017
    Business & Finance

    National Shipping Company of Saudi Arabia (Bahri) has completed the registration of Aslaf, a very large crude carrier (VLCC), under the flag of Saudi Arabia. This is in line with Bahri’s efforts to re-flag all of its VLCCs – now totaling 39 – under the domestic flag by the end of 2017. The construction of the […]