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

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.

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