Saudi Aramco signs landmark Joint Venture agreement with Lamprell, Bahri, and Hyundai heavy industries to establish a world-class maritime yard in Saudi Arabia
Saudi Aramco signed a shareholder agreement with Lamprell plc (“Lamprell”), the National Shipping Company of Saudi Arabia (“Bahri”), and Hyundai Heavy Industries Co. Ltd (“HHI”) to enter into a joint venture (“JV”) partnership with respect to the establishment, development and operation of a world-class maritime yard, which is the anchor project within the King Salman