Aqualis Wins Rig-Moving Deal with Saudi Aramco

Norway's Aqualis Offshore reported Wednesday that it has signed a rig-moving contract with Saudi Aramco – the world's largest energy company.

The deal will see Aqualis provide offshore rig-moving services over the next three years for Saudi Aramco's fleet of jackups operating in the Arabian Gulf.

"We may be a young company, but our team consist solely of highly experienced personnel with 10 to 30 years' offshore experience. This experience has secured this prestigious and strategically important contract," Aqualis CEO David Wells said in a company statement.

Since it was founded in 2013, Aqualis Offshore has set up operations in 10 countries around the world, including the UK, Norway, the US, Brazil, Mexico, Singapore, China, the UAE, Bahrain and Saudi Arabia.

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