Saudi Aramco and its partners, Lamprell Plc, the Saudi National Shipping Company (Bahri), and Hyundai Heavy Industries Co. Ltd. (HHI), have formed the International Maritime Industries (IMI) joint venture.
This new joint venture localizes critical supply chain links for Saudi Aramco’s offshore drilling and shipping activities, resulting in lower costs, faster response times, and greater agility for Saudi Aramco and its affiliates.
In terms of production capacity and scale, the nearly 12 million square-meter facility is the largest in the region, offering an unprecedented mix of products and services.