Company Updates

Saudi Aramco has signed a land lease agreement with McDermott Arabia Company, Ltd., a subsidiary of McDermott International, Inc. to grant McDermott a lease to establish a fabrication facility located within the King Salman International Complex for Maritime Industries in Ras Al-Khair, Saudi Arabia. This is pursuant to a Memorandum of Understanding signed between Saudi Aramco and McDermott.

L3 Technologies announces the successful demonstration of an Autonomous Surface Vessel (ASV) deploying, operating and recovering a Remotely Operated Vehicle (ROV). In an industry first, the C-Worker 7 ASV deployed an inspection-class ROV for vertical and horizontal subsea inspection. The proof of concept demonstration took place over two weeks in Cawsand Bay, Plymouth, UK.

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8502 SW Kansas Ave
Stuart, FL 34997

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