Saudi Aramco follows up US LNG deals with contracts worth $25Bln to increase kingdom’s strategic gas output
Saudi Arabian Oil Company (Aramco), which recently signed two US LNG accords in Texas, has awarded contracts worth $25 billion to boost its own strategic natural gas production in the Middle East Kingdom.
Saudi Aramco outlines plans to become a natural gas power and LNG player with largest shale plays in Middle East
Saudi Arabian Oil Company (Saudi Aramco), the largest oil exporter, plans to increase natural gas output by 60 percent to take advantage of its massive associated gas in oil fields all well as huge shale-gas reserves as Western nations stall new gas production.
Saudis make two large natural gas field discoveries after also entering LNG sector and starting shale gas project
Saudi Energy Minister Prince Abdulaziz bin Salman said Saudi Arabian Oil Co., known as Saudi Aramco, has made two large natural gas field discoveries after recently also entering the LNG sector while additionally starting output in a Saudi shale gas basin called South Ghawar.
Saudi Aramco doubles profits to $110Bln on oil surge and plans 50 percent rise in natural gas production
Saudi Arabian Oil Company (Aramco), the world’s largest seller of crude oil, reported that annual net income more than doubled to $110 billion and confirmed plans to boost natural gas output by 50 percent.
