Arabian Drilling to Resume Three Suspended Offshore Rigs
14, July 2026
Arabian Drilling has received notice to resume three offshore rigs suspended earlier in 2026, with full offshore fleet utilisation expected by year-end.
Saudi Arabia
Bahri Logistics Orders Two Offshore Service Vessels from Grandweld Shipyard
9, July 2026
Bahri Logistics has ordered two offshore service vessels from Grandweld Shipyard for operations at Ras Tanura Port. Delivery is expected in August 2026.
ADES Acquires Saipem Saudi Jackup Fleet in $285 million Deal
24, June 2026
ADES has agreed to acquire Saipem’s Saudi Arabia-focused jackup fleet for $285 million, adding five Perro Negro units to its offshore drilling portfolio.
Saipem Lands $400 Million Safaniya Offshore Scope
16, April 2026
Saipem has secured about $400 million in offshore work from Aramco in Saudi Arabia, covering water injection facilities, pipeline, cables and subsea scope at the Safaniya field.
Arabian Drilling Suspends Some Gulf Offshore Rigs
26, March 2026
Arabian Drilling has suspended operations on several offshore rigs in the Gulf under safety protocols, while its active land fleet of 39 rigs continues operating without disruption.
Saipem Lands $600m Saudi Offshore CRPO Package from Aramco
31, December 2025
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 Lands Four Saudi Offshore EPCI Awards
22, December 2025
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 Forms Saudi JV Hub in Dammam
22, December 2025
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 Completes First Cable Transport to Saudi Arabia
12, November 2025
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.
