April 2, 2019 – McDermott International, Inc. has signed a joint venture agreement with Zamil Offshore, a subsidiary of Zamil Group Holding, to provide Maintenance, Modifications and Operations (MMO) services to Saudi Aramco. The agreement will contribute to Saudi Arabia’s in-Kingdom Total Value Add (IKTVA) program which aims to baseline, measure and support increased levels of localization in the Kingdom. Other services offered by the joint venture include comprehensive offshore brownfield EPCI solutions and asset maintenance services.
You also might be interested in
The International Monetary Fund (IMF) has recently released its report on its 2021 Article IV consultation with[...]
April 26, 2018 – Saudi Arabia’s Council of Economic and[...]
Saudi Arabia’s General Authority of Zakat and Tax (GAZT) has[...]