Saipem won two offshore CRPO awards from Aramco worth about $600 million, covering a 34 km pipeline EPCI scope and Marjan subsea interventions plus 300 m onshore tie-ins.
Lamprell won four offshore EPCI contracts in Saudi Arabia earlier in 2025, covering new platform and subsea installations, upgrades, trenching, and full hook-up and commissioning.
COSCO SHIPPING Specialized Carriers has formed a joint venture in Dammam with COSCO SHIPPING (West Asia) and Saudi Ports Services & Storage Co. (PSS) to build its first integrated supply chain hub in Saudi Arabia.
Mermaid Subsea Services (MSS) has completed its first cable transport from China to Saudi Arabia using the Prestige 3302 barge, reflecting its continued operations in regional shallow-water cable projects.
ADES Holding will resume an offshore drilling contract in Saudi waters in January 2026 using the Admarine 510 jack-up rig, now preparing in Bahrain.
Synergy Ship Arabia assumes management of five Jana jack-up barges supporting ARAMCO’s offshore operations under Saudi Arabia’s Vision 2030.
Arabian Drilling received notice to resume two offshore rigs at market day rates, with operations starting in Q1 2026 and offshore utilization reaching 100% in Q2.
Vantris Energy’s joint venture Rawabi Sapura has landed a seven-year diving support services contract with Aramco, marking the company’s strategic expansion into the Saudi offshore market.
Subsea7 has secured a major offshore contract from Saudi Aramco, involving pipelines and topside upgrades off Saudi Arabia, with offshore work scheduled for 2027–2028.
