#Aramco has awarded contracts worth more than $25 billion to progress its strategic gas expansion, which targets sales gas production growth of more than 60% by 2030. The contracts relate to phase two development of the vast #Jafurah unconventional gas field, phase three expansion of Aramco’s Master Gas System, new gas rigs and ongoing capacity maintenance. The Company has awarded 16 contracts worth $12.4 billion for phase two development at Jafurah. Another 15 contracts totaling $8.8 billion have been awarded for phase three of the Master Gas System expansion in Saudi Arabia. Additionally, 23 gas rig contracts worth $2.4 billion and two directional drilling contracts worth $612 million have been awarded. Between December 2022 and May 2024, 13 well tie-in contracts at Jafurah worth $1.63 billion have been awarded. Source: Aramco Petropipe Oil and Gas #petropipefze #supplier #pipes #fittings #flanges #valves #epcnews #engineering #construction #oilandgas #gas #offshore #onshore #rigs #oilandgasnews #naturalgas #SaudiArabia #KSA
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Huge congratulations! 🚢🌟 and exciting news about Aramco's major gas expansion! These strategic investments are set to revolutionize the industry. #petropipefze #supplier #pipes #fittings #flanges #valves #epcnews #engineering #construction #oilandgas #gas #offshore #onshore #rigs #oilandgasnews #naturalgas #SaudiArabia #KSA #innovation #engineeringexcellence #management #linkedin