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Click on the top to follow us Saudi Aramco has awarded a strategic offshore contract for the further expansion of its huge Marjan oil and gas field to a leading European contractor. This year, Aramco shocked the industry with its decision to pause the further expansion of the kingdom’s oil production capacity beyond 12 million barrels per day following a governmental directive. While the expansion of Saudi Arabia's Safaniyah and Manifa oilfields is unlikely to proceed at this stage, the company is swiftly progressing on multiple projects, including the Marjan, Berri and Zuluf incremental developments. The Saudi state-owned giant recently awarded a key project, dubbed Contract Release Purchase Order 127 (CRPO 127) to Italy’s Saipem for the additional offshore infrastructure required for the Marjan gas lift facilities, two people familiar with the development told Upstream. For more information, please scan the QR code！
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