Saudi Aramco signs LoI for $2.2bn compressed gas project

In:

Oil & gas

Region:

Middle East & Africa

Saudi Aramco has signed a letter of intent for a $2.2 billion compressed gas project with a Spanish-Chinese joint venture. Tecnicas Reunidas and Sinopec are interested in developing three gas compression plants at Jafurah, the largest unconventional gas field in Saudi Arabia. The LoI expresses...

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