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Saudi Arabia: Aramco awards contracts worth USD10bn for vast Jafurah field development, as unconventional resources program reaches commercial stage

Published: November 30, 2021

The Saudi Arabian Oil Company ('Aramco') has announced the start of development of the vast Jafurah unconventional gas field, the largest non-associated gas field in the Kingdom of Saudi Arabia. The Company has awarded subsurface and Engineering, Procurement and Construction (EPC) contracts worth $10 billion, with capital expenditure at Jafurah expected to reach $68 billion over the first 10 years of development.

Source: energy-pedia.com

Saudi Aramco awards contracts worth $10bln for vast Jafurah field development

Published: November 30, 2021

Page Not Found | ZAWYA MENA Edition

Source: zawya.com

Aramco awards contracts worth $10bn for vast Jafurah field development

Published: November 29, 2021

It is a significant milestone both for the commercialization of unconventional resources in Saudi Arabia and the expansion of Aramco’s integrated gas portfolio, which will provide additional feedstock to support growth of the company’s high-value chemicals business.

Source: saudigazette.com.sa