Zamil Offshore

What Zamil Offshore does

Zamil Offshore Services Company is a Saudi Arabia-based, privately held offshore services provider headquartered in Al Khobar. The firm operates in the marine, shipyard, and construction services domain, serving oil and gas industry clients primarily through offshore vessel charter contracts and maritime service agreements. Its revenue model is contract-based and recurring in nature, with pricing negotiated bilaterally based on vessel type, contract duration, and service scope.

In January 2026, Zamil Offshore expanded internationally by acquiring Norway's Remøy Shipping, a four-generation maritime operator tracing its origins to 1899. The acquired entity operates a fleet of six vessels in the North Sea under what was, until July 2026, the Remøy Shipping name. Following the acquisition, the company rebranded the European operations to Bower Offshore — a name drawn from the maritime term for a ship's main anchor — signaling an intent to establish a distinct identity for its North Sea segment while leveraging the operational heritage and crew expertise inherited from Remøy.

The combined business now spans the Middle East and European offshore markets, with a vertically specialized focus on oil and gas exploration and production support. The company's competitive positioning rests on multi-generational maritime heritage, Saudi capital backing, and acquired Norwegian offshore expertise. No public listing, funding rounds, AI/technology differentiation, or named end-customer relationships are disclosed in the available source data.

Name

Zamil Offshore

Legal name

Zamil Offshore Services Company

Website

https://zamiloffshore.com

Company type

Private

Founded year

1970

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Zamil Offshore Services Company is a Saudi Arabia-based, privately held provider of marine, shipyard, and offshore vessel charter services, primarily serving oil and gas industry clients across the Middle East and, following its January 2026 acquisition of Norway's Remøy Shipping (now Bower Offshore), the North Sea.

Ownership category

akta.pro rank

Product category

Offshore Marine Services

NAICS

Support Activities for Water Transportation (4883), Other Support Activities for Water Transportation (48839)

SIC

Oil & Gas Field Services, Nec (1389), Water Transportation (4400)

akta.pro primary industry

Offshore Marine & Aviation Support (PSVs, AHTS, Crew Boats, Helicopters) (EUALABAJ)

akta.pro secondary industry

Offshore Support & Marine Logistics Vessel Operators (PSV/AHTS) (TLADABAL)

Keywords

• Offshore vessel services
• Maritime support services
• Offshore oil and gas
• Shipyard construction services
• Marine logistics

Headquarters

HQ city

Al Khobar

HQ country

Saudi Arabia

HQ region

Middle East

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Personnel, Infrastructure, Supply Chain

Revenue model

1. Offshore Vessel Charter and Services: Operating a fleet of offshore vessels providing services to the oil and gas industry in the North Sea. Revenue generated through vessel charter contracts and maritime service agreements.

Core offering

Zamil Offshore Services Company provides marine, shipyard, and construction services to the offshore oil and gas industry. Through its wholly-owned subsidiary Bower Offshore (formerly Remøy Shipping), the company operates a fleet of six offshore vessels in the North Sea, offering vessel charter and maritime support services to energy-sector operators.

Product overview

Zamil Offshore Services Company operates as a Saudi Arabian offshore maritime services provider. Following the acquisition of Norway's Remøy Shipping (now rebranded as Bower Offshore), the company manages an offshore fleet of six vessels in the North Sea. The product portfolio includes Bower Offshore, which represents the company's international offshore operations segment. The company traces its maritime heritage to 1899, having evolved from traditional fisheries through four generations of operation before transitioning into offshore maritime services.

Differentiator

Problem solved

Functional benefit

Products and services

• Bower Offshore
• Offshore Vessel Charter Services
• Marine and Shipyard Services
• Construction Services

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• Remøy ShippingOthers · 8 January 2026Zamil Offshore acquired Norway's Remøy Shipping six months prior to July 2026 and completed the rebranding to Bower Offshore. Remøy Shipping traces its origins to 1899 and has evolved across four generations from traditional fisheries into an offshore operator with six vessels in the North Sea.

Scale indicators1 record

Recent moves3 records

Expansion highlights3 records

Broad incumbents

• Tidewater Inc. Largest global OSV operator with the world's biggest fleet of offshore support vessels. Operates broadly across all major offshore basins including the North Sea, offering the same vessel charter and maritime services to oil and gas customers.
• Saipem: Italian-headquartered global oilfield services and offshore engineering major with significant marine and offshore operations including vessel charter. Comparable at the customer interface — serves the same offshore oil and gas operators — but at far greater scale and scope including EPC and drilling.

Direct peers

• Siem Offshore: Norwegian OSV owner/operator with PSV, AHTS, and subsea construction vessels serving North Sea and Brazilian offshore markets. Closely comparable vessel portfolio and North Sea deployment to Zamil/Bower.
• Bourbon: French-headquartered global OSV operator with a large PSV/AHTS fleet serving oil and gas clients across West Africa, North Sea, and Asia. Directly comparable as a multi-region offshore support vessel charter provider, though at materially greater scale.
• Solstad Offshore: Norwegian-headquartered OSV operator with PSV, AHTS, and subsea construction vessels predominantly deployed in the North Sea. Highly comparable due to shared Norwegian maritime heritage and North Sea operating focus.
• Vroon Offshore: Dutch offshore and towage operator with PSV/AHTS fleet serving North Sea oil and gas clients. Comparable as a North Sea-focused vessel charter provider serving similar offshore energy customers.
• DOF Subsea: Norwegian offshore subsea and vessel operator providing PSV/AHTS and subsea construction services to oil and gas clients globally. Comparable as a North Sea-anchored OSV provider with similar customer base.
• Vallianz Holdings: Singapore-based OSV operator with PSV/AHTS fleet serving Middle East and Asia-Pacific oil and gas clients. Comparable as an offshore support vessel provider serving energy customers, with overlapping Middle East exposure relevant to Zamil's Saudi base.

Emerging players

• Edda Wind: Norwegian pure-play Service Operation Vessel (SOV) owner serving the offshore wind market in the North Sea. Comparable as a North Sea-based offshore vessel operator, though focused exclusively on wind rather than oil and gas.

Regional players

• Mermaid Maritime: Thailand-based offshore services company providing subsea and OSV support primarily across Southeast Asia and the Middle East. Comparable as a regionally-focused OSV provider serving oil and gas clients, particularly relevant overlap with Zamil's Middle Eastern positioning.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights5 records

Customer concentration

• Xx.com/zamiloffshore
• Facebookfacebook.com/zamiloffshore
• LinkedInlinkedin.com/company/zamil-offshore-services-company

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Zamil Offshore