Linklaters supports NEOM in realizing residential projects

Linklaters is advising NEOM on the acquisition and development of a community housing project, a social infrastructure project that will host a growing workforce from an emerging region in North West Saudi Arabia. NEOM has secured investor deals for the first phase of its condominium expansion totaling SAR21 billion, making it … Read more

Italian contractor Saipem signs $550 million offshore drilling contracts

Italian company Saipem wins two new offshore drilling contracts totaling around $550 million. The first contract extends the operation of the Perro Negro 7 oil rig, built in the Middle East in 2008, by ten years. is granted to an international contractor in limited cases. Saipem recently expanded its presence in the Middle … Read more