Saudi Arabia's national oil company, Saudi Aramco, said Monday it was, in collaboration with international partners,  establishing two offshore fabrication yards that aim to deliver a more than 200 percent increase in Saudi Arabia’s offshore fabrication capacity.

The new yards are being constructed in Ras Al Khair in collaboration with National Petroleum Construction Company (NPCC) and McDermott International. They are expected to fabricate and assemble offshore platforms, jackets, and structures for subsea pipelines.

According to Saudi Aramco, the yards are intended to serve the Kingdom, Gulf Cooperation Council countries, and broader markets. 

"Establishing the yards at Ras Al Khair also aims to support localization of the maritime industry, and supplement the nearby King Salman International Complex for Maritime Industries and Services," Saudi Aramco said.