Saudi Aramco and its partners have launched International Maritime Industries (IMI) joint venture, aiming to link Aramco’s supply chain related to offshore drilling and shipping activities
Industry
2018: The year of oil market stabilisation?
The annual US$2trillion global oil market is steadily returning to balance after three years of persistent supply glut and bloated inventories, as evidenced by improving fundamentals and forward market structure, according to Moin Siddiqui, economist
Explorers primed for 2018, although caution likely to be paramount: Wood Mackenzie
Wood Mackenzie has indicated hard competition for prime exploration targets as sector emerges from downturn in 2018
Delegation from Saudi Aramco visit DEWA for strategic cooperation talks
The representatives of Saudi Aramco have visited Dubai Electricity and Water Authority (DEWA) to discuss collaboration and cooperation in power and water development projects
Saudi Aramco launches AUV for underwater surveying and inspection
Saudi Aramco has launched a new autonomous underwater vehicle (AUV), aiming to conduct offshore platform debris surveys to identify seabed clearance and potential debris