Saudi race: Contracting giants gear up for Aramco’s latest offshore prize

Country is expanding its oil production capacity to 13 million bpd, with LTA contracts crucial to maintaining output from ageing oilfields

Prized contract: a facility at Saudi Aramco’s Safaniyah offshore oilfield — Prized contract: a facility at Saudi Aramco’s Safaniyah offshore oilfieldPhoto: SAUDI ARAMCO

Nishant Ugal

New Delhi

Published 11 May 2022, 00:58Updated 12 May 2022, 03:39

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