Saudi state giant Saudi Aramco has chartered two offshore vessels from Chinese offshore assets manger SinoOcean for operations off Saudi Arabia.
The two anchor-handling and tug supply vessels are owned by CCCC 4th Harbour Engineering, a unit of China Communications Construction Company (CCCC). However, they are now under the management of SinoOcean.
The bareboat charter was brokered by Saudi Makamin Company. The dayrate is not known.
SinoOcean was established by the Chinese government last year to sell, charter or manage the offshore assets such as rigs and vessels.