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Saudi Aramco Expects New Production Milestone by 2027

In order to achieve a new production milestone of 13 million barrels per day by 2027, Saudi Arabia's oil and gas major Saudi Aramco is moving ahead with multi-billion-dollar investments, both offshore and onshore

Released Friday, December 08, 2023

Saudi Aramco Expects New Production Milestone by 2027

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Researched by Industrial Info Resources (Sugar Land, Texas)--In order to achieve a new production milestone of 13 million barrels per day by 2027, Saudi Arabia's oil and gas major Saudi Aramco is moving ahead with multi-billion-dollar investments, both offshore and onshore.

Major engineering, procurement and construction (EPC) players, namely Larsen and Toubro (Mumbai, India), China Offshore Oil Engineering Company and Saipem SpA (Milan, Italy), among others, are involved in projects across offshore fields such as Safaniyah, Zuluf and Berri (redevelopment), along with the onshore Jafurah unconventional resources project.

Subscribers to Industrial Info's Global Market Intelligence (GMI) Oil & Gas Production and Pipelines project databases can click here for related project reports.

In addition, the company is also planning to expand its existing natural gas network system through its Master Gas Expansion Phase III and Fadhili Gas Plant Expansion projects. Click here for the related project reports.

Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking over 200,000 current and future projects worth $17.8 Trillion (USD).

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