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Joint venture commits to massive Saudi yard

Lamprell, Hyundai, Bahri and Saudi Aramco to construct giant maritime facility capable of building four jack-ups, 47 support vessels and 18 ships per year

In it together: Saudi Aramco chief executive Amin Nasser (back row, second from right) looks on as the deal is signed by (from left) Hyundai Heavy Industries vice president new business development Jongchul Kim, Lamprell chief executive Chris McDonald, Saudi Aramco head of transaction development Ziad Al Murshed and Bahri acting chief executive Ali Al Harbi
In it together: Saudi Aramco chief executive Amin Nasser (back row, second from right) looks on as the deal is signed by (from left) Hyundai Heavy Industries vice president new business development Jongchul Kim, Lamprell chief executive Chris McDonald, Saudi Aramco head of transaction development Ziad Al Murshed and Bahri acting chief executive Ali Al Harbi
London
Middle EastSaudi Industrial Development FundAramcoSaudi ArabiaHyundai Heavy Industries
Published 31 May 2017, 19:11Updated 31 May 2017, 19:11