Baker Hughes (BKR) announced it has been awarded an order by Tecnicas Reunidas for six gas compression trains and six propane compressors, for ...

Aramco, one of the world’s leading integrated energy and chemicals companies, signed 145 agreements and Memoranda of ...

International Maritime Industries (IMI), a leading maritime construction and repair company and the largest maritime facility in the MENA region, finalised and activated a landmark agreement with ...

The full operability of IMI’s 12mln-sq-m maritime facility in Ras Al-Khair will enable IMI to build up to six jack-up ...

Saudi Arabia is expected to significantly raise its official selling prices for crude oil to Asia in March due to tightening ...

We recently compiled a list of the Billionaire Prem Watsa’s Top 15 Long-Term Stock Picks. In this article, we are going to take a look at where Helmerich & Payne, Inc. (NYSE:HP) stands against Prem ...

The Brazilian oil giant wants a unit to carry out abandonment and plugging work on offshore wells at ageing shallow-water ...

Aramco and Ma’aden have agreed to set up a joint venture for mineral exploration and mining in Saudi Arabia. The venture will focus on energy transition minerals, including extracting lithium ...

Ltd. (MHI), underscored its commitment to the Kingdom of Saudi Arabia at Saudi Aramco In-Kingdom Total Value Add (IKTVA) Forum, which is held under the patronage of His Royal Highness Prince Saud bin ...

If we include ARO Drilling, a 50/50 joint venture between Valaris and Saudi Aramco, the exposure to jackup rigs increases further. My convictions regarding global oil supply centers primarily ...

Another challenge is the short-term unsteadiness stemming from Saudi Aramco cancelling jack-up rig drilling contracts in 2024. Up to 30 jack-up rigs had to find alternative work, which most did ...