Bahri

  • Saudi IMI, ARO Drilling Sign Two RPAs

    Saudi IMI, ARO Drilling Sign Two RPAs

    Monday, 20th January 2020

    Saudi Arabia’s International Maritime Industries (IMI), a joint venture (JV) between Saudi Aramco, Lamprell, Bahri and Hyundai Heavy Industries, signed two rig purchase agreements (RPAs) with ARO Drilling, in addition to a subsequent sub-contract agreement with Lamprell Energy Ltd (LEL) to build two Keppel LeTourneau Super 116E jack-up drilling rigs.

  • Saudi Bahri, APICORP Agree to Launch $1.5b Investment Fund

    Saudi Bahri, APICORP Agree to Launch $1.5b Investment Fund

    Monday, 18th July 2016
    National Shipping Company of Saudi Arabia (Bahri) said it signed an agreement with the Arab Petroleum Investments Corporation (APICORP) to establish an investment fund worth around $1.5b.