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Aramco awards contracts worth $25 billion for gas expansion project

Jun 30, 2024almost 2 years ago

Contract Type

contract

DhahranEnergyOil And Gas

Description

Aramco has awarded contracts worth more than $25 billion to progress its strategic gas expansion, targeting a sales gas production growth of more than 60% by 2030 compared to 2021 levels. The contracts pertain to the phase two development of the Jafurah gas field, phase three expansion of Aramco's Master Gas System, new gas rigs, and ongoing capacity maintenance.

Company Information

Company

Aramco

Location

Dhahran, Eastern Province, Saudi Arabia

About

As one of the world's leading integrated energy and chemicals companies, our global team is dedicated to creating impact in all that we do, from providing crucial oil supplies to developing new energy technologies. We focus on making our resources more dependable, more sustainable and more useful, helping to promote growth and productivity around the world.

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