Day: June 1, 2016

The year 2015 was a particularly challenging one for our industry. Strategic decisions taken the past few years, including a corporate transformation founded on capital efficiency, innovation, operational excellence, and downstream integration, have placed the company in a position of strength to face these challenges. The positive results of these strategic decisions are reflected in

Saudi Aramco today signed a Joint Development Agreement (JDA) with its potential partners – the National Shipping Company of Saudi Arabia (Bahri), Lamprell, and Hyundai Heavy Industries for developing a Maritime Yard that will provide engineering, manufacturing and repair services for offshore rigs, commercial vessels and offshore support vessels in the Kingdom of Saudi Arabia.