AqualisBraemar signs contract with Saudi Aramco

17 September 2014 – AqualisBraemar, part of Aqualis ASA, has signed a rig moving services contract with Saudi Aramco, the world’s largest energy company. The contract value is undisclosed.

Under the deal, offshore marine and engineering consultancy AqualisBraemar will provide offshore rig moving services over the next three years for Saudi Aramco’s jack-up rigs operating in the Arabian Gulf.

“We may be a young company, but our team consist solely of highly experienced personnel with 10-30 years’ offshore experience. This experience has secured this prestigious and strategically important contract,” says David Wells, CEO of Oslo-listed Aqualis ASA.

AqualisBraemar will support Saudi Aramco with rig moving services and personnel from AqualisBraemar’s offices in the Middle East region.

Since starting operations in 2013, AqualisBraemar has already set up operations in ten countries worldwide. The company has offices in London, UK (HQ); Sandefjord, Kristiansund and Oslo, Norway; Houston, USA; Rio de Janeiro, Brazil; Mexico City, Mexico; Singapore; Shanghai, China; Abu Dhabi and Dubai, UAE; Bahrain; and Dammam, Saudi Arabia.

AqualisBraemar is a specialized marine and offshore engineering consultancy focusing on the shallow and deep-water segments of the offshore oil, gas and wind industries.

AqualisBraemar’s contract party is AqualisBraemar Marine Services LLC.