Aramco Awards System Expansion Contracts
Aramco has awarded contracts worth more than US$25 billion to progress its strategic gas expansion, targeting sales gas production growth of more than 60% by 2030, compared to 2021 levels.
The contracts relate to phase two development of the Jafurah unconventional gas field, phase three expansion of Aramco’s Master Gas System, new gas rigs, and ongoing capacity maintenance.
The company has awarded 16 contracts, worth a combined total of around US$12.4 billion, for phase two development at Jafurah. The work will involve construction of gas compression facilities and associated pipelines, expansion of the Jafurah Gas Plant including construction of gas processing trains and utilities, sulfur, and export facilities. It will also involve construction of Aramco’s new Riyas Natural Gas Liquids (NGL) fractionation facilities in Jubail — including NGL fractionation trains and utilities, storage, and export facilities — to process NGL received from Jafurah.
Another 15 turnkey contracts, worth a combined total of around US$8.8 billion, have been awarded to commence the phase three expansion of the Master Gas System, which delivers natural gas to customers across the Kingdom of Saudi Arabia. The expansion, being conducted in collaboration with the Ministry of Energy, will increase the size of the network and raise its total capacity by an additional 3.15 Bscf/d (89.2 × 106 m3/d) by 2028, through the installation of around 2485 miles (4000 km) of pipelines and 17 new gas compression trains.
An additional 23 gas rig contracts worth US$2.4 billion have also been awarded, along with two directional drilling contracts worth US$612 million.
