Latest News for: Saudi offshore

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Rystad: OPEC's Oil Reserves are Much Lower Than Officially Reported

Oil Price 25 Jul 2024
The largest downward revisions are seen in Saudi Arabia, where development priorities have shifted from ...
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Esgian Week 29 Report: New Drilling Plans in Guyana and Norway

MarineLink 22 Jul 2024
ADES has secured a 10-year contract extension for 250-ft jackup Admarine 657 offshore Saudi Arabia, commencing immediately upon the expiration of its current contract term with Saudi Aramco in the third quarter of 2024.
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Closing UK bank accounts leave expats high and dry

Didim Voices 16 Jul 2024
I left the UK in 2007 to live in Saudi Arabia. Before I left, I set up an offshore account with the Royal Bank of Scotland ... After discussion, it became clear my offshore account was only valid if I lived in the UK, Channel Islands, or the Isle Of Man.
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Saipem lands $500m deal in Saudi Arabia

Splash24/7 15 Jul 2024
The Milan-listed offshore engineering and construction giant said Monday that the deal covers two offshore projects under the existing long-term agreement with Saudi Aramco.
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ADES scores 10-year jackup rig extension deal worth $351m

Splash24/7 11 Jul 2024
Oil and gas driller ADES Holding has picked up a long-term contract extension with Saudi Aramco for one of its jackup rigs.
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China’s imports of Saudi Arabian crude oil look set to rebound in August

Offshore Technology 09 Jul 2024
Saudi Arabia Crude Oil Refinery Market Analysis by Capacity, Asset ... Offshore Technology recently reported that Saudi Arabia had seemingly kept hold of some of its oil in June, with sea-based exports dropping substantially.
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Saudi Arabia Aims to Begin Shipbuilding This Year

Khaleej Mag 08 Jul 2024
In a significant development, Suliman Almazroua, CEO of the National Industrial Development and Logistics Program (NIDLP), has confirmed that Saudi Arabia is poised to commence shipbuilding operations this year.
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MODU Market Shrugs Off Contract Suspensions

MarineLink 08 Jul 2024
The Middle East Gulf offshore market continues to exhibit strong growth in contract awards, even as it adjusts to the decision by Saudi NOC Aramco to suspend contracts for over 20 jack-up rigs.
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Siemens to build two gas-fired power plants in Saudi Arabia

Offshore Technology 25 Jun 2024
Saudi Arabia is driving ... According to a recent report by the World Wind Energy Council, Saudi Arabia is also looking to develop 106GW of offshore wind capacity along its eastern and western coasts.
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Esgian Week 25 Report: Mixed Results in Exploration Drilling

MarineLink 24 Jun 2024
Diamond Offshore semisubmersible Ocean Apex arrived at the Fletcher-5H well site off Australia over the weekend to start its P&A contract with Santos ... Wintershall DEA has made a gas condensate discovery in the North Sea offshore Norway.

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