Subtech wins subsea work in Middle East

Subtech Group has recently been awarded multi-million-dollar contracts in the Middle East with a major oil and gas ...

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Saudi Aramco inks 15 new deals worth over $34B

Saudi national oil and gas giant Saudi Aramco signed fifteen deals valued at more than $34 billion with oil ...

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SNC-Lavalin bags 5-year agreement in Saudi Arabia

SNC-Lavalin has signed a five-year framework agreement to provide international general engineering services to Al ...

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Lamprell looking to qualify as contractor to Saudi giant

As part of its Saudi strategy, UAE-based Lamprell is looking to qualify as a contractor to undertake offshore ...

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Rowan leases four rigs to ARO for new Saudi Aramco contracts

U.S. offshore driller Rowan will lease four of its idle jack-up rigs to ARO Drilling to fulfill four three-year ...

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OPEC & Non-OPEC oil production cuts break another record

Another record-breaking month of conformity levels with production adjustments during March 2018...

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Saudi Aramco orders 13 jackets from McDermott

McDermott has been awarded a large contract from Saudi Aramco for the engineering, procurement, construction and ...

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Piriou delivers another FPSV to Jana Marine

French shipbuilder Piriou has delivered another fast personnel and supply vessel (FPSV) to Jana Marine, a Saudi ...

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Saudi Arabia ready to extend oil production cut deal

Saudi Arabia’s Crown Prince Mohammed bin Salman on Saturday said that the Kingdom of Saudi Arabia is ready to ...

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Saudi Arabia: Zamil, UTEC in offshore survey pact

Zamil Offshore Services and UTEC, an Acteon company, have formed a strategic partnership to execute offshore survey ...

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Gazprom, Saudi Aramco extend O&G partnership

Gazprom’s subsidiary, Gazprom Neft has signed a memorandum of cooperation with Saudi Aramco, the national oil ...

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PHOTO: McDermott performs dual lift on Marjan field

McDermott, an engineering, procurement, construction, and installation company, has installed the GOSP-3 electrical ...

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KBR to expand services for Saudi Aramco

U.S. engineering and construction services firm KBR has entered into a memorandum of understanding (MoU) with Saudi ...

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Report: Saudi Arabia thwarts attack on offshore oil field

Saudi Arabia has reportedly thwarted what appeared to be an attack on an offshore oilfield in the country’s ...

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McDermott installs first jacket from Dammam yard

McDermott, a U.S.-based engineering, procurement, construction and installation company, recently loaded out and ...

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Piriou delivers FPSV to Jana Marine

French shipbuilder Piriou has delivered a fast personnel and supply vessel (FPSV) to Jana Marine, a Saudi Arabian ...

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Saudi Aramco inks deals with U.S. companies

Oil giant Saudi Aramco has signed memorandums of understanding (MOUs) with oilfield service provider Schlumberger ...

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Compensation claims rise in POSH, Makamin spat

Compensation claims rise in POSH, Makamin spat

Singapore’s offshore vessel owner POSH has yet to resolve its dispute with Makamin Offshore in Saudi Arabia. ...

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Saudi Arabia, Russia agree oil output cuts until March 2018

By Chen Aizhu BEIJING (Reuters) – Saudi Arabia and Russia, the world’s two top oil producers, agreed on ...

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Saudi energy minister: Oil output cuts may go beyond 2017

Saudi Arabia's energy minister Khalid Al-Falih said on Monday that oil markets were rebalancing after years of ...

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Tax cuts lift Saudi Aramco valuation to $1.3 trillion

Saudi Aramco, the world’s most valuable oil company, could become one trillion dollars “bigger,” following the ...

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