Dammam Shipyard targets rig repairs

摘要

'Location, location, location...' is the mantra of ceo Jason French as he shows visitors around Dammam Shipyard, the Al Blagha-owned repair facility strategically located in the main Saudi East Coast port. The Kingdom's drilling effort off Ras Tanura on the East Coast is the larges in the Arabian Gulf. French counts about 30 jack-up rigs operating offshore Saudi today and is convincec that his yard, by offering significant time and money savings, can take business away from other established Gulf players like Drydocks World in Dubai and Bahrain's ASRY.