Transaction
Saipem has agreed to sell its Saudi Arabian subsidiary’s shallow-water drilling operations to ADES Holding subsidiary ADES Saudi for $285 million.
[Read more…] about Saipem transferring shallow-water drilling fleet to ADESDrilling company in Saudi Arabia announces shutdowns
Fossil Energy – Shutdown
The largest listed oil and gas drilling company in Saudi Arabia said on Tuesday it had suspended a handful of its offshore drilling rigs because of the conflict in the Gulf.
[Read more…] about Drilling company in Saudi Arabia announces shutdownsTrump threatens to blow up Iran’s largest gas field
General – South Pars
Trump has vowed to ‘blow up the entirety’ of Iran’s South Pars gas field if Tehran moves to attack Qatari gas fields again.
[Read more…] about Trump threatens to blow up Iran’s largest gas fieldLargest refinery in Saudi Arabia hit by drone
General – Key Facility
Ras Tanura, the largest refinery in Saudi Arabia and one of the world’s largest, has been hit by a drone and has halted operations.
[Read more…] about Largest refinery in Saudi Arabia hit by droneSaipem awarded new offshore contract in Saudi Arabia
General – EPCI
Saipem has been awarded an additional offshore contract (Contract Release Purchase Order or CRPO) in Saudi Arabia under its existing Long-Term Agreement with Aramco.
[Read more…] about Saipem awarded new offshore contract in Saudi ArabiaPerro Negro 7 to resume operations in Saudi Arabia
Fossil Energy – Drilling
Saipem announces the restart of operations of the jack-up Perro Negro 7 in Saudi Arabia starting January 2026.
[Read more…] about Perro Negro 7 to resume operations in Saudi ArabiaSaipem awarded two offshore contracts in Saudi Arabia
General – CRPO
Saipem has been awarded two offshore contracts in Saudi Arabia, known as Contract Release Purchase Orders (CRPO), under its existing Long-Term Agreement with Aramco.
[Read more…] about Saipem awarded two offshore contracts in Saudi ArabiaKINGDOM 4 offshore rig under construction
General – Newbuilding
ARO, in collaboration with International Maritime Industries (IMI), signed a new agreement to construct the KINGDOM 4 offshore rig in Saudi Arabia.
[Read more…] about KINGDOM 4 offshore rig under constructionDrilling job in Saudi waters on ADES rig’s agenda in January
Fossil Energy – Drilling
Saudi Arabia-headquartered ADES Group has secured the green light to restart one of its offshore drilling assignments off the coast of Saudi Arabia.
[Read more…] about Drilling job in Saudi waters on ADES rig’s agenda in JanuaryNew jack-up barges with Vision 2030
Fossil Energy – Jack-up Barges
Jana Marine Service Company announced the departure of the first three of five newly built self-propelled jack-up barges JANA 505, JANA 508, and JANA 509.
[Read more…] about New jack-up barges with Vision 2030