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 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 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.
