State oil giant Saudi Aramco announced on 9 July that it has awarded 34 contracts totaling $18bn for expansion projects at the Marjan and Berri offshore fields.
The work is slated to increase the two fields’ crude production capacity by 550,000 b/d, as well as adding 2.5bn cfd gas processing capacity, 360,000 b/d of ethane and NGLs and 40,000 b/d condensate capacity. (CONTINUED - 846 WORDS)
