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Tag: Saudi Arabia

SAIPEM Signed a Memorandum of Understanding with Plambeck Emirates LLC

Wind Energy
A memorandum of understanding has been signed with Plambeck Emirates LLC for the development and construction of a 500 MW floating offshore wind farm in Saudi Arabia.

Russia joins pilot TradeLens blockchain project

Digitalization
The Russian Ministry of Transport signed a MoU with A.P. Moller - Maersk, launching TradeLens in Russia

CMA CGM, MSC join TradeLens blockchain project

Digitalization
TradeLens announced that CMA CGM and MSC are joining the blockchain project

Saudi Aramco to acquire Shell’s share of the SASREF refining joint venture

Oil & Gas
Saudi Aramco is to acquire Shell Saudi Arabia Refining Limited’s (Shell) 50% share of the SASREF joint venture in Jubail Industrial City

ZIM joins TradeLens aiming for transparency in global shipping

Digitalization
ZIM is another company to be joining TradeLens, a platform that was launched last year, as a joint venture between Maersk and IBM

McDermott, Zamil JV to provide integrated MMO services in Saudi Arabia

Oil & Gas
 McDermott International Inc. has signed a joint venture agreement with Zamil Offshore to target the maintenance, modifications, and operations

McDermott cleared to start work on Saudi fabrication complex

Oil & Gas
McDermott International will construct a fabrication site at the King Salman International Complex for Maritime Industries in Ras Al-Khair, Saudi Arabia

Wärtsilä signs maintenance agreement to support MSCL’s tug operations

Business
The technology group Wärtsilä has signed an optimised maintenance agreement with Marine Service Company Ltd

UAE Partially Lifts Ban on Qatari Shipping

Ports
The UAE has partially lifted a ban on Qatari shipping, easing the sanctions imposed as part of the Saudi-led pressure campaign on Qatar that began in 2017. 

Saudi Aramco, Total in USD1bln Pact

Oil & Gas
Saudi Aramco and Total hasve signed a joint venture agreement to develop a network of fuel and retail services in Saudi Arabia

Russia gradually cuts oil output in line with OPEC+ deal

Oil & Gas
Russia is slowly decreasing its oil production following the v+ deal and is on track to reach approximately the fifth of the way towards its pledged cut on January

ADNOC forms R&D co-operation with Saudi university

Oil & Gas
 ADNOC has signed a framework agreement with King Fahd University of Petroleum and Minerals (KFUPM) in Dhahran, Saudi Arabia
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